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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Showrooms
856 Tiogue Ave Coventry, RI 02816-5914
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0037206
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,270 SF
Lot
0.43 ac (18,731 SF)
Zoning code
2000
APN
COVE M:29 L:178-001
UPID
US76-0037206
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
-
Seven Moons Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Soview Re INC · 1 yrs held
Soview Re INC
since 2025
Last sale
$522,000
7 recorded transactions
Zoning & alternative use
2000 · Coventry, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$735,000
+7.9%
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 Coventry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry 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
$465,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$680,000
Current use
OFFICE BUILDING
$735,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $522k (Mar 20 2025)
Last sale anchor
$522k
Mar 20 2025
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
$165 / 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
$15,034
Tax year 2024
Assessed value
$675,400
Assessed 2024
Previous assessed
$675,400
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$434,300
Assessed improvement
$241,100
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
3,270 SF
Lot
0.43 ac (18,731 SF)
Zoning code
2000
APN
COVE M:29 L:178-001
UPID
US76-0037206
Jurisdiction
COVENTRY
Zoning & alternative use
2000 · Coventry, RI
Zoning 2000 · permitted uses
2000 · Coventry, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coventry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$680,000
OFFICE BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL) Current
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Soview Re INC
Entity
Mailing address
400 GALLIVAN BLVD, DORCHESTER, MA 02124-5231
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2025
$522,000
Soview Re INC
Wai Y Ng
Warranty Deed
$390,000 · Navigant Credit Union
Jul 11, 2019
—
Wai Y Ng
—
Deed
related
$200,000 · Navigant Cu
Sep 13, 2017
$18,322
Hong Kee Real Estate Corp
East Coast Properties LLC
Redemption Deed
—
Aug 28, 2017
$200,000
Wai Y Ng
Domestic Loan & Inv Bank|wong,devin
Foreclosure
related
—
Jul 31, 2012
$14,006
Tai Chinese Mai
Mpp2
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Sep 29, 2011
—
Hong Kee Re Corp
—
Deed Of Trust
related
$50,000 · Nicholas R Parente
Dec 29, 2010
—
Hong Kee Re Corp
—
Deed Of Trust
related
$50,000 · Nicholas R Parente
Dec 26, 2001
—
Hong Kee Real Estate
—
Deed Of Trust
related
$110,000 · Domestic Bank
Mar 7, 2001
—
Hong Kee Real Estate
—
Deed Of Trust
related
$17,680 · Lawrence Colaluca
Jul 14, 1999
—
Hong Kee Real Estate
—
Deed Of Trust
related
$18,000 · Lawrence Colaluca
Oct 7, 1996
$151,000
Hong Kee Re Corp
Mai Tai Chinese & Poly
Grant Deed
$30,000 · Zenon Grzybowski
Jun 22, 1990
—
Mai Tai Chinese Rest
—
Deed Of Trust
related
$142,000 · Coventry Cu
—
—
Wai Y Ng
—
Deed Of Trust
related
$200,000 · Navigant Cu
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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