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Financial
Distress signals
Property profile

90 Douglas Pike Smithfield, RI 02917

FOR LEASE
Other industrial properties
Property ID
US76-0171071
28,852 SF 1.9 ac lot Built 1970
Last sale Jul 2026 · $2,150,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

90 Douglas Pike is a 30,000-square-foot flex building in Smithfield, Rhode Island, configured to provide office and warehouse functionality within individual suites, with ample on-site parking. The property includes loading access via rear grade-level overhead doors that support truck loading and access. Office space is air conditioned and heated with gas-fired systems on separate zones. Historically offered configurations include Suite 3-4 totaling 10,200 square feet and a back portion of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$1.62M
Assessed land$311k
Assessed improvement$1.31M
Effective rate1.92%

Value estimate

· Oct 2026
$2.11M
$1.89M – $2.32M
CAP approach$2.32M
Submarket $/SF estimate$1.72M
NOI build-up
Gross scheduled income$225k
Vacancy & credit loss−$1k
Operating expenses−$67k
NOI · 1,573,417.09% cap applied$157k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,573,417.09%
$157k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
This district is established to provide areas for town-wide and medium intensity commercial retail uses and business/professional service...
General categoryCOMMERCIAL
JurisdictionSMITHFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.3
Restaurant18.6
Building Supply18.6

Location

90 Douglas Pike Smithfield, RI 02917
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
339 Farnum, Smithfield, RI 02917-1205 $2,250,000 Feb 2026 12,148 SF
333 Washington, Smithfield, RI 02917-1948 $487,000 Aug 2024 17,124 SF
33 Appian, Smithfield, RI 02917-1777 $41,292 Jan 2023 20,178 SF
417 Douglas, Smithfield, RI 02917-2352 $925,000 Apr 2021 22,276 SF
14 Thurber, Smithfield, RI 02917-1858 $1,650,000 Feb 2021 55,160 SF
21 Industrial, Smithfield, RI 02917-1528 $275,000 Jul 2019 16,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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