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Property profile & analytics
OFF-MARKET
Showrooms
648 Main St Hope Valley, RI 02832
Individually Owned
1-yr Hold
Free & Clear
Property ID
US76-0178872
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2009
Construction
FRAME
Total area
979 SF
Lot
33 ac (1,437,480 SF)
Zoning code
RFR8
APN
HOPK M:011 B:000 L:00032
UPID
US76-0178872
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bassil A Elkhoury · 1 yrs held
Bassil A Elkhoury
since 2025
Last sale
$150,000
6 recorded transactions
Zoning & alternative use
RFR8 · Hope Valley, 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 Hope Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hope Valley 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
$2,951
Tax year 2023
Assessed value
$201,300
Assessed 2023
Previous assessed
$220,500
-8.7% YoY
Effective rate
1.47%
On assessed value
Assessed land
$135,900
Assessed improvement
$65,400
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
2009
Construction
FRAME
Heating
OIL
Buildings
1
Stories
1
Units
1
Total area
979 SF
Lot
33 ac (1,437,480 SF)
Zoning code
RFR8
APN
HOPK M:011 B:000 L:00032
UPID
US76-0178872
Jurisdiction
HOPKINTON
Zoning & alternative use
RFR8 · Hope Valley, RIZoning RFR8 · permitted uses
RFR8 · Hope Valley, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
OIL
Stories
1
Buildings
1
Units
1
Lot
33 ac
Current owner
From public records · entity-resolved
Bassil A Elkhoury
Individual
Free & Clear · 1 yrs held
Mailing address
14 RODNEY RD, WARWICK, RI 02889-3716
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
—
Bassil A Elkhoury
Bassil A Elkhoury
Quitclaim Deed
related
—
Apr 28, 2021
$150,000
Bassil A Elkhoury
Samson R Woods
Quit Claim Arm's Length For Ne States
$115,000 · Samson R Woods
Apr 7, 2021
—
Samson Woods
648 Main Street RT
Deed
—
Oct 17, 2017
$10,929
Robert R Woods
Woods,robert R
Redemption Deed
—
Dec 19, 2016
—
Samson R Woods
Woods,robert R
Quit Claim Deed
related
—
Jun 8, 2015
—
648 Main Street Realty Trust
Amy Realty
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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