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Property profile & analytics
OFF-MARKET
Estimated value
$3,660,000
Industrial properties
85 Industrial Cir Lincoln, RI 02865-2645
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US76-0307349
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1850
Construction
FRAME
Total area
97,396 SF
Lot
5.59 ac (243,718 SF)
Zoning code
MG05
APN
LINC M:02 L:088.0 U:
UPID
US76-0307349
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
-
Miyu Rims LLC Auto Repair Shop Vehicle Inspection Center
-
Dealership Software (Bike/Boat/Book/etc) Store Corporate Office
-
Fitness Rising Gym & Fitness Center
-
Standing Room Only Theater & Performing Art Venue Vocational School
-
Studio One RI Dance Complex Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$3.66M
Owner & transaction history
Wall St Investments LLC · 12 yrs held
Wall St Investments LLC
since 2013
3 recorded transactions
Zoning & alternative use
MG05 · Lincoln, 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 Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln 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
Blend value · Realmo final
$3.66M
Range $3.29M – $4.03M · ±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
$38 / 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
$44,876
Tax year 2024
Assessed value
$1,724,000
Assessed 2024
Previous assessed
$1,724,000
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$182,700
Assessed improvement
$1,541,300
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
1850
Construction
FRAME
Heating
NONE
Buildings
1
Stories
3
Units
28
Total area
97,396 SF
Lot
5.59 ac (243,718 SF)
Zoning code
MG05
APN
LINC M:02 L:088.0 U:
UPID
US76-0307349
Jurisdiction
LINCOLN
Zoning & alternative use
MG05 · Lincoln, RI
Zoning MG05 · permitted uses
MG05 · Lincoln, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
NONE
Stories
3
Buildings
1
Units
28
Lot
5.59 ac
Current owner
From public records · entity-resolved
Wall St Investments LLC
Entity
Mailing address
85 INDUSTRIAL CIR, LINCOLN, RI 02865-2645
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2020
—
Wall St Invs LLC
—
Deed
related
$1,220,000 · Webster Bank
Jul 15, 2013
$1,500,000
Wall St Investments LLC
Sayles Mills Realty Ltd
Warranty Deed
$200,000 · Sayles Mills Realty Ltd
Oct 28, 2004
—
Mill Rlty Sayles
—
Deed Of Trust
related
$750,000 · Interbay Funding LLC
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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