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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Showrooms
8 Crandall Ave Westerly, RI 02891-5347
Individually Owned
Free & Clear
Property ID
US76-0316388
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1983
Construction
FRAME
Total area
15,827 SF
Lot
0.77 ac (33,350 SF)
APN
WEST M:164 B:185
UPID
US76-0316388
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
-
Sterling Resort Group LLC Hotel & Motel Resort
-
Ocean Club-Atlantic Beach Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$1.86M
Owner & transaction history
Atlantic Inn Owners Asso
Atlantic Inn Owners Asso
since 2026
Last sale
$3,000
7 recorded transactions
Zoning & alternative use
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 Westerly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerly 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,770,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10% · vs last sale $3k (Oct 10 2024)
Last sale anchor
$3k
Oct 10 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
$117 / 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
$21,769
Tax year 2024
Assessed value
$2,219,100
Assessed 2024
Previous assessed
$2,219,100
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$888,900
Assessed improvement
$1,330,200
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
1983
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
31
Bathrooms
31
Total area
15,827 SF
Lot
0.77 ac (33,350 SF)
APN
WEST M:164 B:185
UPID
US76-0316388
Jurisdiction
WESTERLY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.8M
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
1983
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
31
Bathrooms
31
Lot
0.77 ac
Current owner
From public records · entity-resolved
Atlantic Inn Owners Asso
Individual
Free & Clear · 0 yrs held
Mailing address
8 CRANDALL AVE #20, WESTERLY, RI 02891-5347
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
81 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
Atlantic Inn Owners Asso
Thackston Mark
Quitclaim Deed
—
Apr 2, 2026
—
Anderson Sandra
Anderson John
Quitclaim Deed
—
Feb 27, 2026
$450
Kathleen M Bickford
Emmanuel E Litos
Warranty Deed
—
Dec 17, 2025
—
Atlantic Inn Owners Assn
Jean Garitta
Quitclaim Deed
related
—
Dec 10, 2025
—
Atlantic Inn Owners Assn
David G Masters
Quitclaim Deed
related
—
Oct 30, 2025
—
Atlantic Inn Owners Asso
Carolyn Maindonald
Quitclaim Deed
related
—
Sep 3, 2025
—
Atlantic Inn Owners Asso
Mostafa Zanjani
Quitclaim Deed
related
—
Aug 21, 2025
$6,900
Gretchen Bachand
Atlantic Inn Owners Asso
Quitclaim Deed
related
—
Aug 21, 2025
$3,900
Gretchen Bachand
Atlantic Inn Owners Asso
Quitclaim Deed
related
—
Jul 8, 2025
—
Atlantic Inn Owners Ass
Hal S Stark
Quitclaim Deed
related
—
Dec 17, 2024
—
Jacqueline Swanson
Gary Swanson
Quitclaim Deed
related
—
Dec 16, 2024
—
Atlantic Inn Owners Assoc
Amy L Palmer
Quitclaim Deed
related
—
Nov 21, 2024
—
Atlantic Inn Owners Ass
Mary T Barron
Quitclaim Deed
related
—
Nov 8, 2024
—
Barbara Stjohn
John A Messier
Quitclaim Deed
related
—
Oct 23, 2024
—
Robert C Celesti
Robert Celesti
Quitclaim Deed
related
—
Oct 21, 2024
$3,400
Robert Gelason
Atlantic Inn Owners Asso
Deed
—
Oct 21, 2024
—
Ellen S Carey
Wayne A Labore
Quitclaim Deed
related
—
Oct 10, 2024
—
Atlantic Inn Owners Ass
Kimberly J Vegliante
Quit Claim Deed
related
—
Sep 23, 2024
—
Cory Leventhal
Kathleen Forte
Quit Claim Deed
related
—
Sep 16, 2024
—
Kimberly Beebe
Judith Riccio
Quit Claim Deed
related
—
Aug 13, 2024
—
Krista Field
Edward C Lachapelle
Quit Claim Deed
related
—
Aug 1, 2024
$3,000
John Sullivan
John J Gentile
Quit Claim Arm's Length For Ne States
—
Aug 1, 2024
—
Atlantic Inn Owners Ass
F C Veach
Quit Claim Deed
related
—
May 22, 2024
—
David Kozma
David Kozma
Quit Claim Deed
related
—
Apr 19, 2024
—
Morro Ft
Charles J Morro
Quit Claim Deed
related
—
Apr 4, 2024
—
Atlantic Inn Owners Ass
Kenneth E Monks
Quit Claim Deed
related
—
Mar 12, 2024
—
Atlantic Inn Owners Ass
Keith R Lane
Quit Claim Deed
related
—
Nov 21, 2023
—
Richard G Forchio
Elena Ciorlano
Quit Claim Deed
related
—
Oct 23, 2023
—
Antonio Acevedo
Federic Fortune
Quit Claim Deed
related
—
Sep 8, 2023
—
Gary M Carlson
Darlene A Larson
Warranty Deed
—
Aug 16, 2023
—
Atlantic Inn Owners Assn
Lisa A White
Quit Claim Deed
related
—
Jul 12, 2023
$3,400
Stacie Saracin
Atlantic Inn Owners Assn
Quit Claim Arm's Length For Ne States
—
Jun 8, 2023
—
R W Schoeninger Jret
Robert W Schoeninger
Quit Claim Deed
related
—
May 23, 2023
—
Walsh Ebba
Gail L Madjzoub
Quit Claim Deed
related
—
May 22, 2023
—
Atlantic Inn Owners Assn
Sandra Liese
Quit Claim Deed
related
—
Mar 31, 2023
—
Rozlyn Longtin
James W Hayes
Quit Claim Deed
related
—
Feb 15, 2023
—
Atlantic Inn Owners Assoc
Fabia Biasuz
Quit Claim Deed
related
—
Dec 20, 2022
—
Atlantic Inn Owners Assoc
Joseph J Krzak
Quit Claim Deed
related
—
Dec 7, 2022
—
Tammy M Cook
Krystal Rancourt
Quit Claim Deed
related
—
Nov 16, 2022
—
Atlantic Inn Owners Assn
Linda M Remington
Quit Claim Deed
related
—
Nov 3, 2022
—
Donna Leland
William Krans
Quit Claim Deed
related
—
Oct 19, 2022
—
Atlantic Inn Owners Assn
Ken Marrocco
Quit Claim Deed
related
—
Oct 13, 2022
—
Madalena Smith
Madalena Smith
Quit Claim Deed
related
—
Sep 21, 2022
—
Charlie N Mackenzie
Charlie N Mackenzie
Quit Claim Deed
related
—
Sep 12, 2022
—
Atlantic Inn Owners Assoc
Katherine Azzinaro
Quit Claim Deed
related
—
Sep 12, 2022
$2,000
Michael Sarenas
Jeffrey R Podziewski
Quit Claim Arm's Length For Ne States
—
Sep 1, 2022
—
Atlantic Inn Owners Assn
Cole Durant
Quit Claim Deed
related
—
Aug 22, 2022
—
Renee M Liska
Gloria Liska
Quit Claim Deed
related
—
Aug 17, 2022
$2,000
Philip Andrianus
James E Crompton
Quit Claim Arm's Length For Ne States
—
Aug 9, 2022
—
Leanne S Hargreaves
Leanne S Hargreaves
Quit Claim Deed
related
—
Jul 21, 2022
$3,900
Richard P Mancini
Atlantic Inn Owners Assn
Quit Claim Arm's Length For Ne States
—
Jul 21, 2022
—
John Sullivan
Jeffrey V Vennell
Quit Claim Deed
related
—
Jul 14, 2022
—
Atlantic Inn Owners Assoc
Joseph Waszkelewicz
Quit Claim Deed
related
—
Jun 21, 2022
$4,900
Anna S Crawford
Altantic Inn Owners Assoc
Quit Claim Arm's Length For Ne States
—
Jun 21, 2022
—
Altantic Inn Owners Assoc
Bradley O Marshall
Quit Claim Deed
related
—
Jun 2, 2022
—
Atlantic Inn Owners Assoc
Michael J Cruess
Quit Claim Deed
related
—
May 19, 2022
—
Terry Durst
Kate Porch
Quit Claim Deed
related
—
Apr 27, 2022
—
Atlantic Inn Owners Assoc
Jeffrey D Gold
Quit Claim Deed
related
—
Apr 5, 2022
—
Atlantic Inn Owners Assoc
Rebecca Scalzi
Quit Claim Deed
related
—
Mar 29, 2022
—
Lisa Macarthur
Richard C Civitello
Quit Claim Deed
related
—
Nov 8, 2021
—
Jennifer A Morrison
Rogers William H Est
Executors Deed
—
Mar 16, 2021
—
Douglas&susan Johnson Irt
Douglas C Johnson
Warranty Deed
—
Jan 7, 2020
—
Thomas Kellaher
William D Miller
Quit Claim Deed
related
—
Mar 13, 2019
—
Kate Porch
Mettel INC
Quit Claim Deed
related
—
May 22, 2017
—
Rute A Gazzano
Freeman,tina W & Bruce
Warranty Deed
—
Mar 24, 2017
—
Valerie Campos
Peters,edward J & Linda L
Warranty Deed
—
Feb 27, 2017
—
William A Hopkins
Burns,maurice J & Diane M
Quit Claim Deed
related
—
Dec 19, 2016
—
Michelle Condon
Iannicheri,anthony
Quit Claim Deed
related
—
Mar 14, 2016
—
Tinna Ross
Seabrook,stanley & Theresa A
Warranty Deed
related
—
Feb 9, 2016
—
Mary F Hinkelman
Wheatley,richard & Donna
Warranty Deed
—
Oct 2, 2015
—
Neil Liskey
Chornoby,elisha S
Quit Claim Deed
related
—
Apr 24, 2015
—
Lisa Kiley
Kiley Lisa
Warranty Deed
—
Sep 19, 2014
—
Candee,gordon M Trust
Candee,gordon & Lori
Warranty Deed
related
—
Jul 17, 2014
$5,500
James A Barnett
Steiner,daniel J & Marilyn D
Warranty Deed
—
Jun 12, 2014
—
Reid
Reid,daniel S & Holly P
Quit Claim Deed
related
—
Dec 20, 2013
$500
Mettle INC
Sterling Resort Group LLC
Warranty Deed
related
—
Dec 19, 2013
—
Felix A Viloria
Moran,jean
Quit Claim Deed
related
—
Mar 22, 2012
$1
Anthony Ianniccheri
Bergoffen,phoebe
Grant Deed
related
—
Mar 19, 2012
$1
Elisha Chornoby
Fink,patricia A
Grant Deed
related
—
Jul 7, 2011
$1
Ronald A Wilson
Sterling Resort Group LLC
Warranty Deed
—
Dec 29, 1999
$1,000,000
River Front Assoc LLC
Stillman,barbara
Grant Deed
$718,000 · Zenon Grzybowski
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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