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Property profile & analytics
FOR SALE
Showrooms
77 Main Rd Tiverton, RI 02878
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US76-0383218
For Sale
1 / 21
$789,999
77 Main Rd, Tiverton, RI 02878
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1930
Construction
FRAME
Total area
2,772 SF
Lot
0.21 ac (9,017 SF)
Zoning code
R30
APN
TIVE M:101 B:114
UPID
US76-0383218
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
-
Palhares Pizza Restaurant Restaurant
-
Buddies & Brother Restaurant
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
77 Main Road LLC · 2 yrs held
77 Main Road LLC
since 2023
Last sale
$470,000
7 recorded transactions
Zoning & alternative use
R30 · Tiverton, 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 Tiverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tiverton 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
$5,089
Tax year 2024
Assessed value
$460,500
Assessed 2024
Previous assessed
$412,400
+11.7% YoY
Effective rate
1.11%
On assessed value
Assessed land
$174,100
Assessed improvement
$286,400
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
For Sale
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,772 SF
Lot
0.21 ac (9,017 SF)
Zoning code
R30
APN
TIVE M:101 B:114
UPID
US76-0383218
Jurisdiction
TIVERTON
Zoning & alternative use
R30 · Tiverton, RI
Zoning R30 · permitted uses
R30 · Tiverton, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tiverton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
77 Main Road LLC
Entity
Mailing address
77 MAIN RD, TIVERTON, RI 02878-1122
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
$470,000
77 Main Road LLC
E Ring Property Mgmt Corp
Warranty Deed
$235,000 · Banknewport
Sep 8, 2023
—
77 Main Road LLC
—
Deed
related
$196,000 · Ocean State Business Development Auth
Jan 27, 2020
—
E Ring Property Mgmt
—
Deed
related
$484,000 · Fall River Five Cents Savings Bank
Feb 15, 2019
$170,000
E Ring Corp
De K Zhang
Warranty Deed
$230,250 · Fall River Five Cents Savings Bank
Feb 15, 2019
—
D & L Corp
Zhang,de K
Warranty Deed
—
Mar 17, 2015
—
Michael Zhang
D & L Corp
Warranty Deed
—
Jun 27, 2013
—
D&l Corp
Zhang,keng & Li H
Warranty Deed
—
Mar 23, 2012
$170,000
De K Zhang
Akb Realty
Grant Deed
—
Oct 26, 2006
$400,000
Akb Rlty
Manchester,alan
Grant Deed
$485,000 · Coastway Cu
Sep 20, 2005
—
Elinor T Marvel
—
Deed Of Trust
related
$200,000 · Fleet National 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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