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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Industrial properties
60 Main St West Warwick, RI 02893-3606
Entity Owned
7-yr Hold
Free & Clear
Property ID
US76-0030621
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1908
Construction
FRAME
Total area
16,866 SF
Lot
0.23 ac (10,197 SF)
Zoning code
CI
APN
WWAR 018-0061-0-000
UPID
US76-0030621
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$865k
Owner & transaction history
60 E Main LLC · 7 yrs held
60 E Main LLC
since 2019
7 recorded transactions
Zoning & alternative use
CI · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ce AA. Residence 8 (R-8) formerly residence A. Residence 7.5 (R-7.5) formerly residence B. Residence 6 (R-6) formerly residence C. 4.1.2 Nonresidential districts. Business (B) formerly business D. Commercial industrial (CI) formerly industrial E. Business park (BP). 4.2 Split lots. Wherever a district boundary splits a lot into two or more separate zoning di…
Zone name
Commercial And Industrial
General category
INDUSTRIAL
Zone area
481.29 ac
Source
code of ordinances
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 West Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Warwick 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
Method
Estimation
Statistic approach
by Request
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
$1,310,000
6.5%
$1,205,000
7%
$1,120,000
Blend value · Realmo final
$865k
Range $779k – $952k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$51 / SF
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
$7,472
Tax year 2023
Assessed value
$238,200
Assessed 2023
Previous assessed
$238,200
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$66,700
Assessed improvement
$171,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1908
Construction
FRAME
Heating
ELECTRIC
Buildings
1
Stories
2
Units
1
Total area
16,866 SF
Lot
0.23 ac (10,197 SF)
Zoning code
CI
APN
WWAR 018-0061-0-000
UPID
US76-0030621
Jurisdiction
WEST WARWICK
Zoning & alternative use
CI · West Warwick, RIZoning CI · permitted uses
CI · West Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ce AA. Residence 8 (R-8) formerly residence A. Residence 7.5 (R-7.5) formerly residence B. Residence 6 (R-6) formerly residence C. 4.1.2 Nonresidential districts. Business (B) formerly business D. Commercial industrial (CI) formerly industrial E. Business park (BP). 4.2 Split lots. Wherever a district boundary splits a lot into two or more separate zoning districts, a prospective use may be processed only if it is listed in the table of u
Zone name
Commercial And Industrial
General category
INDUSTRIAL
Zone area
481.29 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1908
Construction
FRAME
Heating
ELECTRIC
Stories
2
Buildings
1
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
60 E Main LLC
Entity
Free & Clear · 7 yrs held
Mailing address
29 WATER VLY RD, HOPE, RI 02831-1109
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2026
—
60 E Main LLC
—
Deed
related
$1,870,000 · Central Valley Bank
Aug 25, 2020
—
60 E Main LLC
—
Deed
related
$550,000 · Centreville Bk
Jul 18, 2019
$105,000
60 E Main LLC
Front Runner Ent LLC
Quit Claim Deed
—
Jun 13, 2016
$9,541
Jordan Raelty Rigp
Jordan Raelty Rigp
Redemption Deed
related
—
Jun 12, 2014
—
Fah Investments LLC
Bosco Properties LLC
Quit Claim Deed
related
$160,000 · Bosco Properrties LLC
Sep 23, 2013
—
Richzrd L Spargue
—
Deed Of Trust
related
$150,000 · Bosco Properties LLC
Oct 3, 2012
$150,000
Richard L Sprague
Bosco Props LLC
Warranty Deed
$150,000 · Bosco Properties
Sep 14, 2012
$1
Bosco Props LLC
La Props LLC
Grant Deed
related
—
Jun 6, 2012
$150,000
La Props LLC
Bosco Props LLC
Warranty Deed
$150,000 · Bosco Properties
Mar 29, 2011
$30,000
Bosco Props
Marra,stephen
Warranty Deed
—
—
—
60 E Main LLC
—
Deed Of Trust
related
$550,000 · Centreville Bk
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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