501 S BROADWAY
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Location
501 S BROADWAY
Mblu
151/ / 129/ /
Acct#
Owner
COLBEA ENTERPRISES, LLC
Total Market Value
$3,160,000
Appraisal
$3,160,000
PID
11699
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$2,090,100$1,069,900$3,160,000
Assessment
Valuation YearImprovementsLandTotal
2026$2,090,100$1,069,900$3,160,000

Owner of Record
OwnerCOLBEA ENTERPRISES, LLC
Co-Owner
Address695 GEORGE WASHINGTON HWY
LINCOLN, RI 02865
Sale Price$2,600,000
Certificate
Book & Page 6484/0626
Sale Date05/19/2023
Instrument33

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
COLBEA ENTERPRISES, LLC$2,600,000 6484/06263305/19/2023
LEXI REAL ESTATE LLC$0 3232/0694 08/15/1997
SKW REAL ESTATE LIMITED PARTNERSHIP$0 3097/2742 04/25/1995
MAROUN RADWAN TRUSTEE$0 2871/2265 04/05/1991
FEGHALI RAYMOND N$0 2369/0280 08/06/1980

Building Information
Building 1 : Section 1
Year Built: 2019
Living Area: 4,692
Replacement Cost: $841,229
Replacement Cost
Less Depreciation:
$723,500
Building Attributes
FieldDescription
Style:Conv Store
ModelServ Station
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCONV FOOD
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,692 4,692
SLBSlab 4,692 0
   9,384 4,692

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
CLR1COOLER338.00 S.F.$11,6001
CLR2FREEZER TEMPS90.00 S.F.$3,7001
SPR1SPRINKLERS-WET4600.00 S.F.$6,3001
DUW1DRIVE-UP WINDW1.00 UNITS$8,3001

Land
Land Use
Use Code3330
DescriptionFUEL SV/PR  
ZoneCIC
Neighborhood700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.41
Frontage0
Depth0
Total Market Land$1,069,900
Appraised Value$1,069,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  250000.00 S.F.$875,0001
TNK3GT-10,000  20000.00 GALS$140,0001
TNK3GT-10,000  20000.00 GALS$140,0001
PMP4DOUBLE HOSE  12.00 UNITS$44,4001
PMP5W/BLENDING  4.00 UNITS$20,8001
LT1LIGHTS-IN W/PL  15.00 UNITS$18,0001
CNP2GOOD QUALITY  4082.00 S.F.$98,0001
SHD1SHED FRAME  10.00 S.F.$5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,374,800$998,000$2,372,800
2024$1,374,800$998,000$2,372,800
2023$1,374,800$998,000$2,372,800

Assessment
Valuation YearImprovementsLandTotal
2025$1,374,800$998,000$2,372,800
2024$1,374,800$998,000$2,372,800
2023$1,374,800$998,000$2,372,800

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