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Property profile & analytics
OFF-MARKET
Commercial land
60 Austin Ave Greenville, RI 02828-1440
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US76-0049254
Property summary
AI-generated overview
This exceptional 43.54-acre property at 60 Austin Avenue in Smithfield, Rhode Island, presents a unique redevelopment opportunity. Currently configured as a fully functioning boarding school campus, the site boasts 110,363 gross square feet of existing buildings, offering significant potential for adaptive reuse or new construction. The campus comprises three buildings: a main building (87,971 gross SF, built in 1940) featuring office space, a dining hall, meeting rooms, a chapel, and residential accommodations
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
43.54 ac (1,896,602 SF)
Zoning code
R80
APN
SMIT M:44 B:000 L:014 U:
UPID
US76-0049254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Overbrook Academy High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ocean Pastoral Center INC · 9 yrs held
Ocean Pastoral Center INC
since 2017
3 recorded transactions
Zoning & alternative use
R80 · Greenville, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,660
Tax year 2023
Assessed value
$346,870
Assessed 2023
Previous assessed
$346,870
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$346,870
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
43.54 ac (1,896,602 SF)
Zoning code
R80
APN
SMIT M:44 B:000 L:014 U:
UPID
US76-0049254
Jurisdiction
SMITHFIELD
Zoning & alternative use
R80 · Greenville, RI
Zoning R80 · permitted uses
R80 · Greenville, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
43.54 ac
Current owner
From public records · entity-resolved
Ocean Pastoral Center INC
Entity
Mailing address
60 AUSTIN AVE, GREENVILLE, RI 02828-1440
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2017
—
Ocean Pastoral Center INC
—
Deed
related
$515,000 · Catholic Order Forest
Dec 29, 2006
—
Legion Of Christ Ri INC
—
Deed Of Trust
related
$850,000 · Citizens Bank Of Ri
—
—
Ocean Pastoral Center INC
—
Deed Of Trust
related
$515,000 · Catholic Order Forest
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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