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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Turn key restaurants
632 Metacom Ave, Warren, RI 02885-2815
Entity Owned
4-yr Hold
Free & Clear
Property ID
US76-0077777
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,297 SF
Lot
0.96 ac (41,822 SF)
Zoning code
B
APN
WARR M:13D L:446
UPID
US76-0077777
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
-
Hometown Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$1.24M
Owner & transaction history
S&j Realty LLC · 4 yrs held
S&j Realty LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
B · Warren, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+8.9%
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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$1,360,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,135,000
Current use
RETAIL STORES
$1,235,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.16M (Feb 28 2022)
Last sale anchor
$1.16M
Feb 28 2022
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
$149 / 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
$17,778
Tax year 2023
Assessed value
$1,301,500
Assessed 2023
Previous assessed
$1,301,500
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$241,500
Assessed improvement
$1,060,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
8,297 SF
Lot
0.96 ac (41,822 SF)
Zoning code
B
APN
WARR M:13D L:446
UPID
US76-0077777
Jurisdiction
WARREN
Zoning & alternative use
B · Warren, RI
Zoning B · permitted uses
B · Warren, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warren. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.2M
RESTAURANT Current
RETAIL STORES
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.96 ac
Current owner
From public records · entity-resolved
S&j Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
632 METACOM AVE, WARREN, RI 02885-2815
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2022
—
S&j Realty LLC
—
Deed
related
$866,250 · Peoples Cu
Feb 28, 2022
$1,155,000
S&j Realty LLC
Oganes&h Tagessian Ft
Deed
—
Dec 10, 2013
—
Oganes Ft
Tagessian,oganes & Hnazant
Quit Claim Deed
related
—
Dec 2, 2013
—
Oganes Ft
Tagessian,oganes & Hnazant
Quit Claim Deed
related
—
Sep 20, 2004
—
Oganes Tagessian
—
Deed Of Trust
related
$650,500 · Equity One INC
Apr 16, 2001
$925,000
Oganes Tagessian
Ndi 2 LLC
Grant Deed
$660,900 · Equicredit Corp
Jul 27, 1999
—
Ndi 2nd LLC
—
Deed Of Trust
related
$525,000 · Fleet National Bank
Apr 16, 1998
$350,000
Mdi II LLC
Benevides,carl F
Grant Deed
$255,000 · C & B Assoc
Dec 31, 1990
$400,000
David Friedman
Friedman,larry H
Grant Deed
related
—
Aug 1, 1988
$752,000
David Friedman
Wrinn,marquette A
Grant Deed
—
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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