Newport, RI
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    Newport, RI Commercial Land for Sale

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    Middletown, RI Jamestown, RI Portsmouth, RI
    Newport Development Opportunity: 1.37 Acres
    $2,450,000
    1.34 Acres

    Newport Development Opportunity: 1.37 Acres

    Sheffield Avenue, Newport, RI 02840

    Two lots totaling 1.37 acres in Newport, Rhode Island.

    • 1.37 acres of land near downtown with development potential.
    • Zoned R10, allowing for residential development.
    • Existing grandfathered industrial/commercial use on the Sheffield Ave lot.
    • Opportunity to create five separate R10 lots.
    • Two existing structures totaling approximately 27,460 SF on the Sheffield Ave lot.
    Updated: Feb 26
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    Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, RI, we suggest exploring several alternatives: similar 41 Off-Market properties to explore as potential leads

    Off-Market Properties in Newport, RI

    Consider similar Off-Market properties in Newport, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    580 Thames St

    580 Thames St

    VACANT COMMERCIAL LAND • 0.23 Acres
    Value Estimation by Request
    580 Thames St, Newport, RI 02840-6741
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    Spg St

    Spg St

    VACANT COMMERCIAL LAND • 0.07 Acres
    Value Estimation by Request
    Spg St, Newport, RI 02840
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    7 Bowler Ln

    7 Bowler Ln

    VACANT COMMERCIAL LAND • 0.06 Acres
    Value Estimation by Request
    7 Bowler Ln, Newport, RI 02840-2729
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    Church St

    Church St

    VACANT COMMERCIAL LAND • 0.42 Acres
    Value Estimation by Request
    Church St, Newport, RI 02840
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    Long Wharf

    Long Wharf

    VACANT COMMERCIAL LAND • 0.19 Acres
    Value Estimation by Request
    Long Wharf, Newport, RI 02840
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    Coddington Cv

    Coddington Cv

    VACANT COMMERCIAL LAND • 3.84 Acres
    Value Estimation by Request
    Coddington Cv, Newport, RI 02840-6000
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    Victoria Ave

    Victoria Ave

    VACANT COMMERCIAL LAND • 1.38 Acres
    Value Estimation by Request
    Victoria Ave, Newport, RI 02840
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    11 Oak St

    11 Oak St

    VACANT COMMERCIAL LAND • 0.06 Acres
    Value Estimation by Request
    11 Oak St, Newport, RI 02840-2720
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    Merton Rd

    Merton Rd

    VACANT COMMERCIAL LAND • 0.23 Acres
    Value Estimation by Request
    Merton Rd, Newport, RI 02840
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    Ocean Ave

    Ocean Ave

    VACANT COMMERCIAL LAND • 3.29 Acres
    Value Estimation by Request
    Ocean Ave, Newport, RI 02840
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    Charles St

    Charles St

    VACANT COMMERCIAL LAND • 0.07 Acres
    Value Estimation by Request
    Charles St, Newport, RI 02840
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    Bellevue Ave

    Bellevue Ave

    VACANT COMMERCIAL LAND • 0.31 Acres
    Value Estimation by Request
    Bellevue Ave, Newport, RI 02840
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    Waites Wharf

    Waites Wharf

    VACANT COMMERCIAL LAND • 0.07 Acres
    Value Estimation by Request
    Waites Wharf, Newport, RI 02840
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    John St

    John St

    VACANT COMMERCIAL LAND • 0.12 Acres
    Value Estimation by Request
    John St, Newport, RI 02840
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    Thames St

    Thames St

    VACANT COMMERCIAL LAND • 0.08 Acres
    Value Estimation by Request
    Thames St, Newport, RI 02840
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    Washington Sq

    Washington Sq

    VACANT COMMERCIAL LAND • 0.04 Acres
    Value Estimation by Request
    Washington Sq, Newport, RI 02840
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    Warner St

    Warner St

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    Warner St, Newport, RI 02840
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    Waites Wharf

    Waites Wharf

    VACANT COMMERCIAL LAND • 0.08 Acres
    Value Estimation by Request
    Waites Wharf, Newport, RI 02840
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    Waites Wharf

    Waites Wharf

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation by Request
    Waites Wharf, Newport, RI 02840
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    Thames St

    Thames St

    VACANT COMMERCIAL LAND • 0.15 Acres
    Value Estimation by Request
    Thames St, Newport, RI 02840
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    Spg St

    Spg St

    VACANT COMMERCIAL LAND • 0.07 Acres
    Value Estimation by Request
    Spg St, Newport, RI 02840
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    Spg St

    Spg St

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    Spg St, Newport, RI 02840
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    Scotts Wharf

    Scotts Wharf

    VACANT COMMERCIAL LAND • 0.33 Acres
    Value Estimation by Request
    Scotts Wharf, Newport, RI 02840
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    Newport, RI Commercial Land Investment Opportunities Market Analysis

    Explore 42 commercial land for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,450,000.

    Sale prices for commercial lots in Newport, RI start at $2,450,000, averaging $2,450,000, and reaching up to $2,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Tax Rate (average for all types) 1.47%
    Property Tax per SF $6.96 per sq ft
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Commercial land 1
    Residential land & home lots 1

    Newport Demographics Overview

    Population 25K
    Population Growth (5Y) -5.8%
    Median Household Income $83,515
    College Educated 81.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    02840 $2.5M

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