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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Showrooms
777 Main Rd Tiverton, RI 02878-1332
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0380200
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2015
Total area
8,000 SF
Lot
1.05 ac (45,607 SF)
Zoning code
GC
APN
TIVE M:117 B:224
UPID
US76-0380200
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
-
Sakonnet River Outfitters Gun Shop Shooting Range
-
Gun Shop & Indoor Shooting Range Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.08M
Owner & transaction history
On Target Realty LLC · 4 yrs held
On Target Realty LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
GC · 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
Method
Estimation
Statistic approach
$1,280,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
$1,350,000
6.5%
$1,245,000
7%
$1,155,000
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.00M (Nov 16 2021)
Last sale anchor
$1.00M
Nov 16 2021
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
$135 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,471
Tax year 2024
Assessed value
$1,038,100
Assessed 2024
Previous assessed
$579,900
+79.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$314,100
Assessed improvement
$724,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2015
Heating
FORCED AIR
Cooling
YES
Buildings
1
Total area
8,000 SF
Lot
1.05 ac (45,607 SF)
Zoning code
GC
APN
TIVE M:117 B:224
UPID
US76-0380200
Jurisdiction
TIVERTON
Zoning & alternative use
GC · Tiverton, RI
Zoning GC · permitted uses
GC · 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
2015
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
On Target Realty LLC
Entity
Mailing address
99 E BOURNE AVE, TIVERTON, RI 02878-1705
Ownership since
2021
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
Dec 1, 2021
—
On Target Realty LLC
—
Deed
related
$582,000 · New England Certified Development Corp
Nov 16, 2021
$1,000,000
On Target Realty LLC
Up In Arms Reatly LLC
Warranty Deed
$805,000 · Peoples Cu
Nov 16, 2021
—
On Target Realty LLC
—
Deed
related
$90,000 · Up In Arms Realty LLC
Jun 26, 2020
—
Up In Arms Realty LLC
—
Deed
related
$130,000 · Fall River Five Cents Savings Bank
May 10, 2016
—
Arm Realy LLC
—
Deed
related
$300,000 · New England Cert Dev
Aug 7, 2015
—
Up In Arms Realty LLC
Randy J Lebeau
Quit Claim Deed
related
$413,224 · Baycoast Bank
Dec 22, 2014
—
Randy J Lebeau
Lebeau,randy J & Holly A
Warranty Deed
related
—
Apr 21, 1994
$177,000
Alan Manchester
Lane Everett JR Est
Grant Deed
$177,000 · Vivian Lane
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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