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Property profile & analytics
OFF-MARKET
Estimated value
$5,375,000
Showrooms
950 Aquidneck Ave Middletown, RI 02842-7247
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US76-0378899
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Construction
STEEL FRAME
Total area
24,000 SF
Lot
2.14 ac (93,218 SF)
Zoning code
LBA
APN
MIDD M:0114 B:00 L:88
UPID
US76-0378899
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
-
Crown Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.51M
CAP Approach
CAP
$3.74M
Comparable Approach
Comparable
$4.53M
Blend (final)
Blend
$5.38M
Owner & transaction history
Store Master Funding 25 · 4 yrs held
Store Master Funding 25
since 2022
Last sale
$5.4M
6 recorded transactions
Zoning & alternative use
LBA · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$5,280,000
ML approach
$5,510,000
CAP Approach
CAP Return
Estimation
6%
$4,050,000
6.5%
$3,740,000
7%
$3,470,000
Blend value · Realmo final
$5.38M
Range $4.84M – $5.91M · ±10% · vs last sale $5.35M (Mar 17 2022)
Last sale anchor
$5.35M
Mar 17 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
$224 / 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
$43,065
Tax year 2024
Assessed value
$3,317,800
Assessed 2024
Previous assessed
$1,644,900
+101.7% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,204,500
Assessed improvement
$1,113,300
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
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
24,000 SF
Lot
2.14 ac (93,218 SF)
Zoning code
LBA
APN
MIDD M:0114 B:00 L:88
UPID
US76-0378899
Jurisdiction
MIDDLETOWN
Zoning & alternative use
LBA · Middletown, RI
Zoning LBA · permitted uses
LBA · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
Store Master Funding 25
Individual
Mailing address
8377 E HARTFORD DR STE #100, SCOTTSDALE, AZ 85255-5686
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
$5,353,000
Store Master Funding 25
Crown Realco LLC
Warranty Deed
$5,353,000 · Citibank NA
Dec 10, 2021
$2,400,000
Crown Realco LLC
Quick Silver LLC
Quit Claim Arm's Length For Ne States
—
Jul 21, 2017
—
Quick Silver LLC
—
Deed
related
$3,136,000 · Td Bank NA
Dec 30, 2005
$1,380,000
Quick Silver LLC
Savage,jonathan
Grant Deed
—
Nov 26, 2003
—
Viti Bros American INC
—
Deed Of Trust
related
$1,120,000 · Sovereign Bank
Sep 10, 1999
—
Viti Boss American INC
—
Deed Of Trust
related
$136,000 · Bankboston Development Co 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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