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Property profile & analytics
FOR SALE
Showrooms
65 East St Pawtucket, RI 02860
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US76-0025819
For Sale
1 / 2
$1,400,000
65 East St, Pawtucket, RI 02860
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,102 SF
Lot
0.69 ac (30,009 SF)
Zoning code
CG
APN
PAWT M:06 L:0617
UPID
US76-0025819
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
$1.01M
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$1.05M
Owner & transaction history
Clri E St LLC · 3 yrs held
Clri E St LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CG · Pawtucket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+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
$1,070,000
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$1,200,000
6.5%
$1,110,000
7%
$1,030,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
OFFICE BUILDING
$1,170,000
Change: +53% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $1.02M (May 31 2023)
Last sale anchor
$1.02M
May 31 2023
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
$171 / 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
$10,784
Tax year 2023
Assessed value
$363,700
Assessed 2023
Previous assessed
$363,700
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$155,600
Assessed improvement
$208,100
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
For Sale
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Buildings
1
Stories
1
Total area
6,102 SF
Lot
0.69 ac (30,009 SF)
Zoning code
CG
APN
PAWT M:06 L:0617
UPID
US76-0025819
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
$765,000
OFFICE BUILDING
Est. value
$1.2M
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
1
Buildings
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Clri E St LLC
Entity
Mailing address
65 EE ST, PAWTUCKET, RI 02860-1022
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
$1,015,000
Clri E St LLC
E St LLC
Warranty Deed
$812,000 · Baycoast Bank
Dec 18, 2012
$1
East Street LLC
Quick Silver LLC
Grant Deed
related
—
Sep 18, 2012
$1,216,500
Street East
Topalian,arpine A
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 20, 2010
$28,336
Grant Court Dev INC
Topalian,kenneth J
Grant Deed
—
Nov 15, 2010
$28,336
Court Dev Grant
Topalian,kenneth J
Grant Deed
—
Feb 8, 2008
—
Kenneth J Topalian
—
Deed Of Trust
related
$1,216,500 · Home Loan & Investment Co
May 25, 2005
—
Kenneth J Topalian
—
Deed Of Trust
related
$363,000 · Ocean State Dev Auth
Jan 30, 2004
—
Kenneth Topalian
—
Deed Of Trust
related
$350,000 · Domestic Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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