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705 MEADOW ST
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Location
705 MEADOW ST
Mblu
0332/ 00003/ / /
Acct#
0332-00003
Owner
ARG NCD5PCK001 LLC
PBN
Assessment
$11,143,200
Appraisal
$11,143,200
PID
9551
Building Count
3
Current Value
Appraisal
Valuation Year
Building
Extra Features
Outbuildings
Land
Total
2026
$7,399,000
$2,986,700
$100,000
$657,500
$11,143,200
Assessment
Valuation Year
Building
Extra Features
Outbuildings
Land
Total
2026
$7,399,000
$2,986,700
$100,000
$657,500
$11,143,200
Owner of Record
Owner
ARG NCD5PCK001 LLC
Co-Owner
Address
38 WASHINGTON SQUARE
NEWPORT, RI 02840
Sale Price
$15,110,096
Certificate
Book & Page
23794/0426
Sale Date
03/31/2021
Instrument
1V
Qualified
U
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
ARG NCD5PCK001 LLC
$15,110,096
23794/0426
1V
03/31/2021
E&R REALTY LLC
$1,875,000
1
16606/0047
1A
04/05/2007
POLEP MORTIMER A &
$0
2
02 D/0000
12/25/1900
Building Information
Building 1 : Section 1
Year Built:
1932
Living Area:
101,849
Replacement Cost:
$5,178,498
Building Percent Good:
86
Replacement Cost
Less Depreciation:
$4,453,500
Building Attributes
Field
Description
Style:
Warehouse
Model
Industrial
Grade
C
Stories:
1
Occupancy
1.00
Exterior Wall 1
Brick Veneer
Exterior Wall 2
Roof Structure
Gable/Hip
Roof Cover
Asph/F Gls/Cmp
Interior Wall 1
Typical
Interior Wall 2
Interior Floor 1
Average
Interior Floor 2
Heating Fuel
Gas
Heating Type
Forced Air-Duc
AC Type
Central
Bldg Use
Warehouse C
Total Rooms
Total Bedrms
Total Baths
1st Floor Use:
Heat/AC
HEAT/AC PKGS
Frame Type
STEEL
Baths/Plumbing
AVERAGE
Ceiling/Wall
SUS-CEIL/MN WL
Rooms/Prtns
AVERAGE
Wall Height
20.00
% Comn Wall
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
101,849
101,849
FCP
Carport
250
0
FEP
Porch, Enclosed, Finished
72
0
102,171
101,849
Building 2 : Section 1
Year Built:
2008
Living Area:
12,669
Replacement Cost:
$1,807,106
Building Percent Good:
84
Replacement Cost
Less Depreciation:
$1,518,000
Building Attributes : Bldg 2 of 3
Field
Description
Style:
Cold Storage
Model
Industrial
Grade
Stories:
1
Occupancy
1.00
Exterior Wall 1
Metal Sandw
Exterior Wall 2
Roof Structure
Gable/Hip
Roof Cover
Asph/F Gls/Cmp
Interior Wall 1
Typical
Interior Wall 2
Interior Floor 1
Average
Interior Floor 2
Heating Fuel
Gas
Heating Type
Hot Air-no Duc
AC Type
Central
Bldg Use
Warehouse C
Total Rooms
Total Bedrms
Total Baths
1st Floor Use:
Heat/AC
HEAT/AC PKGS
Frame Type
FIREPRF STEEL
Baths/Plumbing
AVERAGE
Ceiling/Wall
SUS-CEIL/MN WL
Rooms/Prtns
AVERAGE
Wall Height
30.00
% Comn Wall
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
12,669
12,669
12,669
12,669
Building 3 : Section 1
Year Built:
2018
Living Area:
27,652
Replacement Cost:
$4,325,725
Building Percent Good:
33
Replacement Cost
Less Depreciation:
$1,427,500
Building Attributes : Bldg 3 of 3
Field
Description
Style:
Cold Storage
Model
Industrial
Grade
Stories:
1
Occupancy
1.00
Exterior Wall 1
Pre-cast Concr
Exterior Wall 2
Roof Structure
Flat
Roof Cover
Rubber
Interior Wall 1
Minim/Masonry
Interior Wall 2
Interior Floor 1
Concr Abv Grad
Interior Floor 2
Heating Fuel
Coal or Wood
Heating Type
None
AC Type
Central
Bldg Use
Warehouse C
Total Rooms
1
Total Bedrms
0
Total Baths
0
1st Floor Use:
Heat/AC
HEAT/AC SPLIT
Frame Type
STEEL
Baths/Plumbing
NONE
Ceiling/Wall
SUSP-CEIL ONLY
Rooms/Prtns
LIGHT
Wall Height
40.00
% Comn Wall
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
27,652
27,652
CLP
Loading Platform, Finished
12,480
0
40,132
27,652
Extra Features
Extra Features
Code
Description
Size
Value
Bldg #
CLR2
Freezer
24369.00 S.F.
$1,637,600
2
OD4
OHD Motor Op Steel
12.00 S.F.
$700
3
CLR2
Freezer
27652.00 S.F.
$584,000
3
MEZ1
Mezzanine Unfi
1120.00 S.F.
$13,200
2
MEZ2
Mezzanine Fin
800.00 S.F.
$15,100
1
LD2
Truck Well
4565.00 S.F.
$15,300
2
LDL1
Load Level-Power
6.00 UNITS
$15,500
1
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD2
OHD Rolling Steel
80.00 S.F.
$5,400
2
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD2
OHD Rolling Steel
80.00 S.F.
$5,400
2
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD2
OHD Rolling Steel
88.00 S.F.
$5,900
2
LDL1
Load Level-Power
3.00 UNITS
$7,600
2
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD4
OHD Motor Op Steel
294.00 S.F.
$37,900
1
OD4
OHD Motor Op Steel
294.00 S.F.
$37,900
1
OD1
OH Door Wd/Mtl
120.00 S.F.
$5,200
1
OD1
OH Door Wd/Mtl
120.00 S.F.
$5,200
1
OD1
OH Door Wd/Mtl
120.00 S.F.
$5,200
1
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
OD1
OH Door Wd/Mtl
80.00 S.F.
$3,400
1
SPR1
Sprinklers Wet
83638.00 S.F.
$125,900
1
CLR1
Cooler
2500.00 S.F.
$161,300
1
CLR2
Freezer
4000.00 S.F.
$275,200
1
Parcel Information
Use Code
3160
Description
Warehouse C
Deeded Acres
4.66
Land
Land Use
Use Code
3160
Description
Warehouse C
Neighborhood
105
Land Line Valuation
Size (Acres)
4.66
Assessed Value
$657,500
Appraised Value
$657,500
Outbuildings
Outbuildings
Code
Description
Sub Code
Sub Description
Size
Value
Bldg #
PAV1
Paving Aspha
100000.00 S.F.
$100,000
1
Valuation History
Appraisal
Valuation Year
Building
Extra Features
Outbuildings
Land
Total
2025
$6,881,600
$3,044,600
$100,000
$657,500
$10,683,700
2024
$6,648,800
$3,044,600
$100,000
$657,500
$10,450,900
Assessment
Valuation Year
Building
Extra Features
Outbuildings
Land
Total
2025
$6,881,600
$3,044,600
$100,000
$657,500
$10,683,700
2024
$6,648,800
$3,044,600
$100,000
$657,500
$10,450,900
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