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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Showrooms
945 Boston Nck Rd Narragansett, RI 02882-1701
Entity Owned
Free & Clear
Property ID
US76-0287964
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1979
Construction
FRAME
Total area
1,975 SF
Lot
0.7 ac (30,453 SF)
Zoning code
B-A
APN
NARR M:N-H B:173 L:D
UPID
US76-0287964
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
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$1.01M
Owner & transaction history
945 Bnr LLC
945 Bnr LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
B-A · Narragansett, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is composed of certain land and structures used primarily for the retailing of convenience goods such as groceries and drugs and the furnishing of personal services
Zone name
Limited Business
General category
COMMERCIAL
Zone area
29.94 ac
Source
Realmo
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 Narragansett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Narragansett 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
$1,005,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $900k (Apr 1 2022)
Last sale anchor
$900k
Apr 1 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
$509 / 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
$8,105
Tax year 2024
Assessed value
$916,900
Assessed 2024
Previous assessed
$916,900
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$553,100
Assessed improvement
$363,800
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
1979
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
1,975 SF
Lot
0.7 ac (30,453 SF)
Zoning code
B-A
APN
NARR M:N-H B:173 L:D
UPID
US76-0287964
Jurisdiction
NARRAGANSETT
Zoning & alternative use
B-A · Narragansett, RIZoning B-A · permitted uses
B-A · Narragansett, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is composed of certain land and structures used primarily for the retailing of convenience goods such as groceries and drugs and the furnishing of personal services
Zone name
Limited Business
General category
COMMERCIAL
Zone area
29.94 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
945 Bnr LLC
Entity
Free & Clear · 0 yrs held
Mailing address
945 BOSTON NCK RD, NARRAGANSETT, RI 02882-1701
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$950,000
945 Bnr LLC
Antonio Mollo
Deed
related
—
Aug 27, 2024
—
Cmd Prop LLC
—
Deed
related
$100,000 · Us Small Business Administration
Aug 21, 2024
—
Cmd Prop LLC
—
Deed
related
$250,000 · Us Small Business Administration
Aug 19, 2024
—
Cmd Prop LLC
—
Deed
related
$100,000 · Us Small Business Administration
Jun 4, 2024
—
Cmd Prop LLC
—
Deed
related
$48,800 · Us Small Business Administration
May 8, 2024
—
Cmd Prop LLC
—
Deed
related
$56,500 · Us Small Business Administration
Apr 1, 2022
—
Antonio Mollo
Am Properties LLC
Warranty Deed
—
Apr 1, 2022
$900,000
Cmd Properties LLC
Antonio Mollo
Warranty Deed
$855,000 · Antonio Mollo
May 2, 2006
$600,000
Am Properties
Ryan Bree Food Svc INC
Grant Deed
$400,000 · Washington Trust Co
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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