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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Showrooms
600 Pawtucket Ave Pawtucket, RI 02860-6059
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US76-0201056
Property summary
AI-generated overview
This exceptional 650,000 USD commercial property located at 600 Pawtucket, Pawtucket, RI, presents a unique investment opportunity. Currently operating as a behavioral healthcare facility, the building boasts a completely renovated interior featuring fifteen individual offices, a fully equipped kitchen, a spacious waiting area, and a dedicated reception area. The current tenant is under a multi-year lease, ensuring a stable income stream with a high net operating income (NOI) and capitalization rate. The building's versatility is a key advantage
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,954 SF
Lot
0.18 ac (7,869 SF)
Zoning code
CG
APN
PAWT M:63 L:0624
UPID
US76-0201056
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
-
Laura B. Murphy, DC Alternative Medicine Practice
-
Cheryl Brodsky Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$600k
Owner & transaction history
Superior Prop A &w LLC · 1 yrs held
Superior Prop A &w LLC
since 2024
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
CG · Pawtucket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$565,000
+52.5%
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 Pawtucket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawtucket 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$370,000
Current use
OFFICE BUILDING
$565,000
Change: +53% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Oct 21 2024)
Last sale anchor
$600k
Oct 21 2024
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
$203 / 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
$10,490
Tax year 2023
Assessed value
$353,800
Assessed 2023
Previous assessed
$353,800
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$146,600
Assessed improvement
$207,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,954 SF
Lot
0.18 ac (7,869 SF)
Zoning code
CG
APN
PAWT M:63 L:0624
UPID
US76-0201056
Jurisdiction
PAWTUCKET
Zoning & alternative use
CG · Pawtucket, RI
Zoning CG · permitted uses
CG · Pawtucket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pawtucket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$370,000
OFFICE BUILDING
Est. value
$565,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Superior Prop A &w LLC
Entity
Mailing address
133 DELLWOOD RD, CRANSTON, RI 02920-8000
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
$600,000
Superior Prop A &w LLC
Donald & Laura Prop LLC
Warranty Deed
$450,000 · Fall River Five Cents Savings Bank
Jan 30, 2023
—
Donald And Laura Prop LLC
—
Deed
related
$30,000 · The Washington Trust Co Of Westerly
Feb 16, 2012
—
Donald & Laura Props LLC
—
Deed Of Trust
related
$305,000 · Washington Trust Co
Apr 16, 2004
$350,000
Donald Laura Propert LLC
Patricio,sandra
Grant Deed
$360,000 · Savings Institute
Apr 16, 2004
—
Donald Properties
—
Deed Of Trust
related
$100,000 · Savings Institute
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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