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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
820 Boston Nck Rd North Kingstown, RI 02852-6834
Entity Owned
21-yr Hold
Property ID
US76-0122316
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Construction
FRAME
Total area
4,789 SF
Lot
0.42 ac (18,305 SF)
Zoning code
NB
APN
NKIN M:045 B:019
UPID
US76-0122316
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
-
Rome Point Café Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$305k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$560k
Blend (final)
Blend
$505k
Owner & transaction history
Diversified Realty Co LLC · 21 yrs held
Diversified Realty Co LLC
since 2004
5 recorded transactions
Zoning & alternative use
NB · North Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the neighborhood business district is to encourage the continued growth and vitality of town villages
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
44.36 ac
Source
Realmo
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 North Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Kingstown 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
$305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$840,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$105 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$7,427
Tax year 2021
Assessed value
$519,900
Assessed 2024
Previous assessed
$519,900
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$185,200
Assessed improvement
$334,700
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
1880
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
3
Units
6
Bathrooms
6
Total area
4,789 SF
Lot
0.42 ac (18,305 SF)
Zoning code
NB
APN
NKIN M:045 B:019
UPID
US76-0122316
Jurisdiction
NORTH KINGSTOWN
Zoning & alternative use
NB · North Kingstown, RIZoning NB · permitted uses
NB · North Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the neighborhood business district is to encourage the continued growth and vitality of town villages
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
44.36 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$840,000
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
1880
Construction
FRAME
Heating
BASEBOARD
Stories
3
Buildings
1
Units
6
Bathrooms
6
Lot
0.42 ac
Current owner
From public records · entity-resolved
Diversified Realty Co LLC
Entity
Mailing address
PO BOX 501, SAUNDERSTOWN, RI 02874-0501
Ownership since
2004
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
Nov 14, 2024
—
Diversifield Rlty Co LLC
—
Deed
related
$600,000 · Banknewport
Sep 13, 2004
$585,000
Diversified Realty Co LLC
Salvatore,marguerite
Grant Deed
$423,750 · Newport Fsb
Jul 2, 2002
$536,000
Marguerite Salvatore
Johnston,robert G
Grant Deed
$250,000 · Zenon Grzybowski
Jul 2, 2002
—
Marguerite Salvatore
—
Deed Of Trust
related
$50,000 · Zenon Grzybowski
—
—
Diversified Rlty Co LLC
—
Deed Of Trust
related
$345,000 · Savings Institute
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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