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Property profile & analytics
OFF-MARKET
Investment properties
793 Shr Rd, Warwick, RI 02889-2626
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US76-0034519
Property summary
AI-generated overview
This exceptional commercial investment opportunity encompasses three buildings situated on two parcels totaling 0.32 acres in desirable downtown Warwick, Rhode Island. The main property, 793 West Shore Road, is a fully renovated mixed-use building currently operating as a two-bedroom, one-bathroom single-family residence, generating a monthly rental income of $1500. This building boasts a complete remodel, including new sheetrock and flooring, updated plumbing, HVAC, electrical systems, a newer heating system, and central air conditioning. The first floor comprises a living room, eat-in kitchen, one bedroom, and laundry area. Upstairs, a spacious open loft with cathedral ceilings and a walk-in closet serves as a second bedroom
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
853 SF
Lot
0.11 ac (4,792 SF)
Zoning code
GB
APN
WARW M:332 B:0738 L:0000
UPID
US76-0034519
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
Jencole Enterprises LLC · 2 yrs held
Jencole Enterprises LLC
since 2024
Last sale
$465,000
5 recorded transactions
Zoning & alternative use
GB · Warwick, 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 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
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
Assessed value
$196,400
Assessed 2024
Previous assessed
$196,400
+0.0% YoY
Assessed land
$80,500
Assessed improvement
$115,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
853 SF
Lot
0.11 ac (4,792 SF)
Zoning code
GB
APN
WARW M:332 B:0738 L:0000
UPID
US76-0034519
Jurisdiction
WARWICK
Zoning & alternative use
GB · Warwick, RI
Zoning GB · permitted uses
GB · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warwick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jencole Enterprises LLC
Entity
Free & Clear · 2 yrs held
Mailing address
46 W STATUE WAY, PORTSMOUTH, RI 02871-1400
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
—
Jencole Enterprises LLC
Brenda C Nagle
Quit Claim Deed
related
—
Dec 15, 2022
$465,000
Brenda C Nagle
Steven Cipolla
Warranty Deed
$350,000 · Bluedog Capital Partners LLC
Nov 8, 2010
$125,000
Hai Lin Ming
Goldman Sachs Mtg Co
Quit Claim Deed
—
Jun 8, 2010
$175,000
Goldman Sachs Mortgage Co
Bainum,carel
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jun 28, 2004
$260,000
Carel Bainum
Messier,raymond J
Grant Deed
$185,640 · Equity One INC
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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