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Financial
Distress signals
Property profile

91 Washington St Central Falls, RI 02863

FOR SALE
Showrooms
Property ID
US76-0323365
1,120 SF 0.1 ac lot Built 1956
Last sale Aug 2017 · $64,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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91 Washington St, Central Falls, RI 02863 For Sale
$285,000 1,120 SF
91 Washington St, Central Falls, RI 02863
View Listing

Property summary

AI-generated overview

A clean, single-story flex/industrial or retail-use building in Central Falls, Rhode Island, located on Washington Street. The property is configured with approximately 1,200 square feet of open workspace, includes a one-floor pit, a bathroom, and two 9-foot overhead doors for loading and access. The building sits on an approximately 2,400-square-foot lot that provides parking suitable for daily operations. The property is subject to a restriction that commercial auto repair is not permitted;…

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 · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$148k
Assessed land$78k
Assessed improvement$71k
Effective rate3.10%

Value estimate

· Oct 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$50
Operating expenses−$3k
NOI · 584,500.00% cap applied$6k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$76 – $158
Qualifying comparables12

Cap rate analysis

How does the asset earn?
584,500.00%
$6k 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?
R-3
R-3 multi-household dwelling district. This zone is intended for medium density residential areas comprised of structures containing sing...
General categoryRESIDENTIAL
JurisdictionCENTRAL FALLS

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 agency10.9
Carpet & Flooring Store9.6
HVAC Service9.1

Location

91 Washington St Central Falls, RI 02863
County assessor Recorded deeds · 6 transfers 12 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1051 Lonsdale, Central Falls, RI 02863-1721 $375,000 Nov 2023 1,288 SF
854 Dexter, Central Falls, RI 02863-1747 $300,000 Oct 2023 1,820 SF
503 Dexter, Central Falls, RI 02863-2618 $275,000 Sep 2023 1,900 SF
830 Broad, Central Falls, RI 02863-2308 $295,000 Apr 2023 1,971 SF
900 Lonsdale, Central Falls, RI 02863-1617 $220,000 Nov 2022 1,876 SF
542 Dexter, Central Falls, RI 02863 $403,000 Sep 2022 1,800 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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