1045 SHERIDAN ST
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Location
1045 SHERIDAN ST
Mblu
00W1/ 00019/ / /
Acct#
00W1-00019
Owner
ARG NCD5PCK001 LLC
PBN
Assessment
$4,476,500
Appraisal
$4,476,500
PID
3595
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$2,649,100$1,267,600$109,800$450,000$4,476,500
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$2,649,100$1,267,600$109,800$450,000$4,476,500

Owner of Record
OwnerARG NCD5PCK001 LLC
Co-Owner
Address38 WASHINGTON SQUARE
NEWPORT, RI 02840
Sale Price$5,623,438
Certificate
Book & Page 23794/0264
Sale Date03/31/2021
Instrument1V
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARG NCD5PCK001 LLC$5,623,438 23794/02641V03/31/2021
E&R REALTY LLC$3,150,000 22070/03511V02/22/2018
WE 1045 SHERIDAN LLC$1,900,000 21547/04721V01/26/2017
NIP OWNER II LLC$0119398/0400 08/16/2012
NIP OWNER LLC$4,263,709219081/00861B01/13/2012

Building Information
Building 1 : Section 1
Year Built: 1979
Living Area: 59,545
Replacement Cost: $3,116,585
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$2,649,100
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
Grade 
Stories:1
Occupancy1.00
Exterior Wall 1Metal Sandw
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseInd Warehouse
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height22.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 59,545 59,545
   59,545 59,545

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
LDL1Load Level-Power9.00 UNITS$23,0001
CLR2Freezer54720.00 S.F.$1,094,4001
SPR1Sprinklers Wet59545.00 S.F.$88,6001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001
OD2OHD Rolling Steel64.00 S.F.$4,4001

Parcel Information
Use Code4010
DescriptionInd Warehouse  
Deeded Acres8

Land
Land Use
Use Code4010
DescriptionInd Warehouse  
Neighborhood110
Land Line Valuation
Size (Acres)8
Assessed Value$450,000
Appraised Value$450,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR1Garage - A  2000.00 S.F.$30,0001
PAV1Paving Aspha  50000.00 S.F.$50,0001
RRRRR Spurs  650.00 L.F.$12,4001
TNK2Tank 3K-10K  3000.00 GALS$1,3001
TNK2Tank 3K-10K  10000.00 GALS$4,3001
SGN2Sign 2 Sd  1.00 S.F.&HGT$01
LT33 Lights w Pol  3.00 UNITS$6,6001
LT102 Lights w Pol  2.00 UNITS$3,2001
LT1Light w Pole  2.00 UNITS$2,0001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$2,435,500$1,267,600$109,800$450,000$4,262,900
2024$2,350,000$1,267,600$109,800$450,000$4,177,400

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$2,435,500$1,267,600$109,800$450,000$4,262,900
2024$2,350,000$1,267,600$109,800$450,000$4,177,400

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