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Property profile & analytics
OFF-MARKET
Estimated value
$3,315,000
Industrial properties
817 Dexter St Central Falls, RI 02863-1704
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0328001
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
66,241 SF
Lot
1.24 ac (53,818 SF)
Zoning code
C-2
APN
CENT M:06 P:295
UPID
US76-0328001
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
-
Store Space Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.80M
Blend (final)
Blend
$3.32M
Owner & transaction history
Storage Cap Central Falls · 4 yrs held
Storage Cap Central Falls
since 2022
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
C-2 · Central Falls, 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 Central Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Falls 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
$3,510,000
ML approach
$3,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,495,000
Current use
Blend value · Realmo final
$3.32M
Range $2.98M – $3.65M · ±10% · vs last sale $3.20M (Jun 6 2022)
Last sale anchor
$3.20M
Jun 6 2022
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
$50 / 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
$32,392
Tax year 2024
Assessed value
$1,046,600
Assessed 2024
Previous assessed
$1,046,600
+0.0% YoY
Effective rate
3.09%
On assessed value
Assessed land
$106,000
Assessed improvement
$940,600
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
150
Rooms
150
Bathrooms
2
Total area
66,241 SF
Lot
1.24 ac (53,818 SF)
Zoning code
C-2
APN
CENT M:06 P:295
UPID
US76-0328001
Jurisdiction
CENTRAL FALLS
Zoning & alternative use
C-2 · Central Falls, RI
Zoning C-2 · permitted uses
C-2 · Central Falls, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.5M
INDUSTRIAL (GENERAL) Current
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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
150
Rooms
150
Bathrooms
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
Storage Cap Central Falls
Individual
Mailing address
817 DEXTER ST, CENTRAL FALLS, RI 02863-1704
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
—
Storage Cap Central Falls
—
Deed
related
$3,265,000 · Leader Bank NA
Jun 6, 2022
$3,200,000
Storage Cap Central Falls
Tp Rental Properties LLC
Warranty Deed
—
Jan 8, 2020
—
Tp Rental Props LLC
—
Deed
related
$1,725,000 · Live Oak Bkng Co
Dec 19, 2018
—
Tp Rental Props LLC
—
Deed
related
$250,000 · Centreville Bk
Jan 19, 2018
—
Tp Rental Properties LLC
—
Deed
related
$126,000 · Centreville Bank
Jul 6, 2016
—
Tp Rental Properties L
—
Deed
related
$504,900 · Centreville Sb
Sep 9, 2015
$300,000
Tp Rental Properties LLC
Avalon Ventures LLC
Warranty Deed
$300,000 · Avalon Ventures LLC
Aug 27, 2015
—
Avalon Ventures LLC
Global Technology Incubat
Quit Claim Deed
related
—
Aug 2, 2012
$450,000
Global Technology Incubat
Dexter Street LLC
Warranty Deed
$350,000 · Avalon Ventures LLC
Aug 1, 2012
$1
Dexter Street INC
Avalon Ventures LLC
Grant Deed
related
—
Jul 16, 2012
$1
Avalon Ventures LLC
817 Dexter Street
Grant Deed
related
—
Jun 14, 2012
—
817 Dexter St. Cntrl Fls
—
Deed Of Trust
related
$10,000 · James Lacera
Feb 11, 2002
$285,000
817 Dexter St C Falls
Interstate Brands Corp
Grant Deed
—
—
—
Tp Rental Props LLC
—
Deed Of Trust
related
$250,000 · Centreville Bk
—
—
Tp Rental Props LLC
—
Deed Of Trust
related
$1,725,000 · Live Oak Bkng Co
—
—
Tp Rental Properties LLC
—
Deed Of Trust
related
$126,000 · Centreville 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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