400 FOUNDERS DRIVE
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Location
400 FOUNDERS DRIVE
Mblu
43/A / 1/ 6/
Acct#
00013287
Owner
RHODE ISLAND ECONOMIC DEV CORP
PBN
Assessment
$11,436,200
Appraisal
$11,436,200
PID
8866
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$10,539,800$896,400$11,436,200
Assessment
Valuation YearImprovementsLandTotal
2025$10,539,800$896,400$11,436,200

Owner of Record
OwnerRHODE ISLAND ECONOMIC DEV CORP
Co-OwnerC/O LEE LAPIERRE
Address1 CVS DRIVE

WOONSOCKET, RI 02895
Sale Price$0
Certificate
Book & Page 1089/0882
Sale Date12/30/1998
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RHODE ISLAND ECONOMIC DEV CORP$0 1089/08821N12/30/1998

Building Information
Building 1 : Section 1
Year Built: 1984
Living Area: 403,844
Replacement Cost: $22,441,074
Building Percent Good: 45
Replacement Cost
Less Depreciation:
$10,098,500
Building Attributes
FieldDescription
Style:Warehouse
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UsePILOT M96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:9210
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 398,044 398,044
AOFOffice, (Average) 5,800 5,800
CANCanopy 460 0
   404,304 403,844

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ3Mezzanine w/Partitions11968.00 S.F.$96,9001
SPR1Sprinklers - Wet418688.00 S.F.$150,7001
SPR2Sprinklers - Wet/Concealed17768.00 S.F.$8,8001
A/CAir Conditioning5800.00 S.F.$5,2001
GIR2Girders 13 - 18"60.00 L.F.$1,0001
LDL1Load Levelers60.00 UNITS$78,3001
LDL2Load Level. w/Man Flip-out4.00 UNITS$1,6001
ELV1Elevator - Passenger2.00 STOP$18,0001

Land
Land Use
Use Code9210
DescriptionPILOT M96  
ZoneI2
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)10.78
Frontage0
Depth0
Assessed Value$896,400
Appraised Value$896,400
lbllndfront

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
CNP1Canopy - Avg  800.00 S.F.$8001
PAV1Paving - Asphalt  80000.00 S.F.$80,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2022$9,622,600$896,400$10,519,000
2022$9,622,600$896,400$10,519,000
2021$7,771,300$643,100$8,414,400

Assessment
Valuation YearImprovementsLandTotal
2022$9,622,600$896,400$10,519,000
2022$9,622,600$896,400$10,519,000
2021$7,771,300$643,100$8,414,400

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