1616 MEMORIAL DR
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Location
1616 MEMORIAL DR
Mblu
0690/ 00047/ / /
Acct#
0690-00047
Owner
SCP 2002E-31 LLC
PBN
Assessment
$2,763,600
Appraisal
$2,763,600
PID
16947
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$1,983,900$22,500$39,600$717,600$2,763,600
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$1,983,900$22,500$39,600$717,600$2,763,600

Owner of Record
OwnerSCP 2002E-31 LLC
Co-OwnerC/O CVS CAREMARK CORPORATION
Address200 HIGHLAND CORP DR
MC2315
CUMBERLAND, RI 02864
Sale Price$4,553,772
Certificate1
Book & Page 12871/0107
Sale Date01/15/2003
Instrument1B
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SCP 2002E-31 LLC$4,553,772112871/01071B01/15/2003
CVS 693 MA L L C$1,400,000212444/01221P07/16/2002
ABDOW GEORGE T & RONALD J$055691/0344 09/28/1984

Building Information
Building 1 : Section 1
Year Built: 2002
Living Area: 20,522
Replacement Cost: $3,967,879
Building Percent Good: 50
Replacement Cost
Less Depreciation:
$1,983,900
Building Attributes
FieldDescription
Style:Pharmacy
ModelCommercial
Grade 
Stories:2
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Inlaid Sht Gds
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseRetail >10,000 SF
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height17.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 13,007 13,007
FUSUpper Story, Finished 7,515 7,515
CANCanopy 702 0
   21,224 20,522

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers Wet20511.00 S.F.$17,9001
DUW1DriveUp Window1.00 UNITS$4,6001

Parcel Information
Use Code3220
DescriptionRetail >10,000 SF  
Deeded Acres1.91

Land
Land Use
Use Code3220
DescriptionRetail >10,000 SF  
Neighborhood111A
Land Line Valuation
Size (Acres)1.91
Assessed Value$717,600
Appraised Value$717,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1Light w Pole  3.00 UNITS$2,6001
PAV1Paving Aspha  60000.00 S.F.$36,0001
SGN2Sign 2 Sd  40.00 S.F.&HGT$1,0001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,825,600$22,500$39,600$606,000$2,493,700
2024$1,777,000$22,500$39,600$594,300$2,433,400

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$1,825,600$22,500$39,600$606,000$2,493,700
2024$1,777,000$22,500$39,600$594,300$2,433,400

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