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Property profile & analytics
OFF-MARKET
Industrial properties
7 New England Way Lincoln, RI 02865-4247
Entity Owned
~
Est. High Equity
Property ID
US76-0307483
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1978
Construction
CONCRETE
Total area
14,600 SF
Lot
1.95 ac (84,811 SF)
Zoning code
ML05
APN
LINC M:28 L:139.0 U:
UPID
US76-0307483
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
Lutron Tanury LLC
Lutron Tanury LLC
since 2026
Last sale
$8.1M
6 recorded transactions
Zoning & alternative use
ML05 · Lincoln, 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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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 2024Property tax & assessments
Tax year 2024
Tax billed
$24,827
Tax year 2024
Assessed value
$953,800
Assessed 2024
Previous assessed
$886,300
+7.6% YoY
Effective rate
2.60%
On assessed value
Assessed land
$166,300
Assessed improvement
$787,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
14,600 SF
Lot
1.95 ac (84,811 SF)
Zoning code
ML05
APN
LINC M:28 L:139.0 U:
UPID
US76-0307483
Jurisdiction
LINCOLN
Zoning & alternative use
ML05 · Lincoln, RI
Zoning ML05 · permitted uses
ML05 · Lincoln, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Lutron Tanury LLC
Entity
Mailing address
6 NEW ENGLAND WAY, LINCOLN, RI 02865-4251
Ownership since
2026
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 11, 2026
$8,121,230
Lutron Tanury LLC
Tat Realty LLC
Warranty Deed
—
Dec 19, 2019
$810,000
Tat Realty LLC
Albatross Realty Co LLC
Warranty Deed
$648,000 · Bank Rhode Island
Aug 17, 2011
—
Albatross Realty Co LLC
—
Deed Of Trust
related
$2,500,000 · Rockland Trust Co
Dec 22, 2009
—
Albatross Realty Co
—
Deed Of Trust
related
$400,000 · Sovereign Bank
Oct 20, 2008
—
Albatross Realty Co
—
Deed Of Trust
related
$1,500,000 · Sovereign Bank
Aug 21, 2007
—
Albatross Realty Co
—
Deed Of Trust
related
$250,000 · Sovereign 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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