Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Investment properties
780 Centerville Rd Warwick, RI 02886-4344
Individually Owned
4-yr Hold
Property ID
US76-0066820
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1991
Construction
FRAME
Total area
4,144 SF
Lot
1.6 ac (69,696 SF)
Zoning code
A15
APN
WARW M:242 B:0036 L:0000
UPID
US76-0066820
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
-
Sebastian Studios Ltd Wedding Service Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$710k
Owner & transaction history
Centro De Liberacion Y Av · 4 yrs held
Centro De Liberacion Y Av
since 2021
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
A15 · Warwick, RI
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 Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$730,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$985,000
Current use
OFFICE BUILDING
$825,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $700k (Dec 17 2021)
Last sale anchor
$700k
Dec 17 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
$171 / 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
Assessed value
$643,100
Assessed 2023
Previous assessed
$514,200
+25.1% YoY
Assessed land
$158,400
Assessed improvement
$484,700
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
1991
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
3
Total area
4,144 SF
Lot
1.6 ac (69,696 SF)
Zoning code
A15
APN
WARW M:242 B:0036 L:0000
UPID
US76-0066820
Jurisdiction
WARWICK
Zoning & alternative use
A15 · Warwick, RIZoning A15 · permitted uses
A15 · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$985,000
OFFICE BUILDING
Est. value
$825,000
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
1991
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
3
Lot
1.6 ac
Current owner
From public records · entity-resolved
Centro De Liberacion Y Av
Individual
Mailing address
780 CENTERVILLE RD, WARWICK, RI 02886-4344
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
$700,000
Centro De Liberacion Y Av
Sebastian Spaziano
Deed
—
Jun 19, 2009
—
Sebastian Spaziano
—
Deed Of Trust
related
$321,000 · Centreville Savings Bank
May 27, 2008
—
Sebastian Spaziano
—
Deed Of Trust
related
$325,000 · Centreville Savings Bank
Aug 28, 2006
—
Sebastian Spaziano
—
Deed Of Trust
related
$330,000 · Centreville Savings Bank
May 14, 2004
—
Sebatian Spaziano
—
Deed Of Trust
related
$62,000 · Citizens Bank Of Ri
Dec 10, 1998
—
Sebastian Spaziano
—
Deed Of Trust
related
$163,000 · Centreville Savings Bank
Dec 20, 1993
—
Sebastian Spaziano
—
Deed Of Trust
related
$245,000 · American Financial Services
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 780 Centerville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
