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Property profile & analytics
OFF-MARKET
Estimated value
$6,315,000
Industrial properties
841 Park E Dr Woonsocket, RI 02895-6112
Individually Owned
3-yr Hold
Free & Clear
Property ID
US76-0088830
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Construction
STEEL FRAME
Total area
46,320 SF
Lot
3.85 ac (167,706 SF)
Zoning code
I1
APN
WOON M:56B L:101 U:44
UPID
US76-0088830
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
$6.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.64M
Blend (final)
Blend
$6.32M
Owner & transaction history
Spirit Aerosystems Textil · 3 yrs held
Spirit Aerosystems Textil
since 2022
Last sale
$6.2M
4 recorded transactions
Zoning & alternative use
I1 · Woonsocket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.9M
+130.8%
Commercial (general)
$5.5M
+43.4%
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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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
$6,780,000
ML approach
$6,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,840,000
Current use
OFFICE BUILDING
$8,870,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,510,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$6.32M
Range $5.68M – $6.95M · ±10% · vs last sale $6.18M (Nov 28 2022)
Last sale anchor
$6.18M
Nov 28 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
$136 / 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
Tax billed
$68,450
Tax year 2023
Assessed value
$2,638,800
Assessed 2023
Previous assessed
$2,638,800
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$186,700
Assessed improvement
$2,452,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
46,320 SF
Lot
3.85 ac (167,706 SF)
Zoning code
I1
APN
WOON M:56B L:101 U:44
UPID
US76-0088830
Jurisdiction
WOONSOCKET
Zoning & alternative use
I1 · Woonsocket, RI
Zoning I1 · permitted uses
I1 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$5.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
3.85 ac
Current owner
From public records · entity-resolved
Spirit Aerosystems Textil
Individual
Free & Clear · 3 yrs held
Mailing address
841 S PARK E DR, WOONSOCKET, RI 02895-6112
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
$6,180,000
Spirit Aerosystems Textil
Cmm Properties LLC
Quit Claim Arm's Length For Ne States
—
Jul 8, 2009
$1
Cmm Property LLC
Kiefer Park Associates
Grant Deed
related
—
—
—
Cmm Props LLC
—
Deed Of Trust
related
$1,650,000 · Bank Of Rhode Island
—
—
Cmm Props
—
Deed Of Trust
related
$800,000 · Bank Of America
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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