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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Commercial land
Main St Hopkinton, RI 02833
Entity Owned
Absentee Owner
Free & Clear
Property ID
US76-0273182
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.72 ac (74,923 SF)
Zoning code
R-1
APN
HOPK M:027 B:000 L:00147
UPID
US76-0273182
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
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
CARRIAGE FUNERAL HLDGS
CARRIAGE FUNERAL HLDGS
Zoning & alternative use
R-1 · Hopkinton, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ing property abuts a residential zone district boundary, the side and rear yard setback area abutting said residential boundary shall also be maintained in a vegetated condition. 3 The subdivision of any land within the R-1 zoning district after the adoption of this ordinance shall also require a minimum density of at least sixty thousand (60,000) square fee…
Zone name
Residential
General category
RESIDENTIAL
Zone area
1,032.64 ac
Source
code of ordinances
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 Hopkinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopkinton 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
by Request
ML approach
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$255k
Range $230k – $281k · ±10%
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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,740
Tax year 2023
Assessed value
$118,700
Assessed 2023
Previous assessed
$75,600
+57.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$105,200
Assessed improvement
$13,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.72 ac (74,923 SF)
Zoning code
R-1
APN
HOPK M:027 B:000 L:00147
UPID
US76-0273182
Jurisdiction
HOPKINTON
Zoning & alternative use
R-1 · Hopkinton, RIZoning R-1 · permitted uses
R-1 · Hopkinton, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ing property abuts a residential zone district boundary, the side and rear yard setback area abutting said residential boundary shall also be maintained in a vegetated condition. 3 The subdivision of any land within the R-1 zoning district after the adoption of this ordinance shall also require a minimum density of at least sixty thousand (60,000) square feet per building lot. 4 The maximum percent of the lot area which may be covered by b
Zone name
Residential
General category
RESIDENTIAL
Zone area
1,032.64 ac
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
1.72 ac
Current owner
From public records · entity-resolved
CARRIAGE FUNERAL HLDGS
Individual
Free & Clear · 0 yrs held
Mailing address
3040 POST OAK BLVD STE #300, HOUSTON, TX 77056-6513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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