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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Showrooms
68 Cumberland St Woonsocket, RI 02895-3300
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US76-0201347
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
STEEL FRAME
Total area
52,685 SF
Lot
3.02 ac (131,624 SF)
Zoning code
C1
APN
WOON M:36J L:10 U:30
UPID
US76-0201347
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
-
Jacquelyn Morgan Foster Care Service Social Service Agency
-
Rhode Island Medicine Medical Clinic
-
Dr. Jeffrey F. Latham, MD Physician
-
Plaza Psychology & Psychiatry: Richardson Roger A PHD Physician Medical Clinic
-
Ryan Haggarty, PHD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.64M
Owner & transaction history
Community Care Allance · 2 yrs held
Community Care Allance
since 2023
Last sale
$3.6M
2 recorded transactions
Zoning & alternative use
C1 · Woonsocket, 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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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
$3,740,000
ML approach
$3,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.55M (Oct 2 2023)
Last sale anchor
$3.55M
Oct 2 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
$69 / 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
$53,571
Tax year 2023
Assessed value
$2,065,200
Assessed 2023
Previous assessed
$2,065,200
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$491,600
Assessed improvement
$1,573,600
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
14
Bathrooms
14
Total area
52,685 SF
Lot
3.02 ac (131,624 SF)
Zoning code
C1
APN
WOON M:36J L:10 U:30
UPID
US76-0201347
Jurisdiction
WOONSOCKET
Zoning & alternative use
C1 · Woonsocket, RI
Zoning C1 · permitted uses
C1 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
14
Bathrooms
14
Lot
3.02 ac
Current owner
From public records · entity-resolved
Community Care Allance
Individual
Mailing address
68 CUMBERLAND ST, WOONSOCKET, RI 02895-3300
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
$3,550,000
Community Care Allance
68 Cumberland St LLC
Warranty Deed
$2,840,000 · Bank Of America NA
Jun 3, 2021
$1,600,000
68 Cumberland St LLC
Primco Woonsocket LLC
Warranty Deed
$2,088,000 · Digital FCU
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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