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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
753 Dexter St Central Falls, RI 02863-2631
Individually Owned
2-yr Hold
Property ID
US76-0329640
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
FRAME
Total area
2,840 SF
Lot
0.1 ac (4,456 SF)
Zoning code
C-2
APN
CENT M:06 P:238
UPID
US76-0329640
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
-
Dexter Wireless Electronics & Wireless Store Computer & Electronic Repair
-
Dexter Wireless LLC Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$409k
Blend (final)
Blend
$510k
Owner & transaction history
Jose A Pineda Ardon · 2 yrs held
Jose A Pineda Ardon
since 2024
Last sale
$510,000
5 recorded transactions
Zoning & alternative use
C-2 · Central Falls, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
45.06 ac
Source
Zoning Ordinance
Top alternative use upside
Office building
$545,000
+62.8%
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 Central Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Falls 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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$335,000
Current use
OFFICE BUILDING
$545,000
Change: +63% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Mar 27 2024)
Last sale anchor
$510k
Mar 27 2024
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
$180 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,170
Tax year 2021
Assessed value
$253,600
Assessed 2024
Previous assessed
$253,600
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$101,000
Assessed improvement
$152,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
2
Rooms
8
Bathrooms
3
Total area
2,840 SF
Lot
0.1 ac (4,456 SF)
Zoning code
C-2
APN
CENT M:06 P:238
UPID
US76-0329640
Jurisdiction
CENTRAL FALLS
Zoning & alternative use
C-2 · Central Falls, RIZoning C-2 · permitted uses
C-2 · Central Falls, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-2 general commercial district. This zone is intended for commercial areas that serve citywide needs for retail, services and professional office establishments.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
45.06 ac
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$335,000
OFFICE BUILDING
Est. value
$545,000
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
1890
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
2
Rooms
8
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Jose A Pineda Ardon
Individual
Mailing address
753 DEXTER ST, CENTRAL FALLS, RI 02863-2631
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
$510,000
Jose A Pineda Ardon
All Prop Mgmt LLC
Warranty Deed
$500,762 · First Home Mortgage Corp
May 19, 2022
—
All Property Mgmt LLC
—
Deed
related
$252,000 · Rflf 7 LLC
May 17, 2021
—
All Property Management
—
Deed
related
$150,000 · Blue Point Com Cap Ll
Dec 11, 2017
—
All Property Management
—
Deed
related
$115,000 · Steven I Dinerman
—
—
All Property Management
—
Deed Of Trust
related
$115,000 · Steven I Dinerman
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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