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    Newport, RI Commercial Land for Sale

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    Middletown, RI Narragansett, RI Jamestown, RI
    Newport Development Opportunity: 1.37 Acres
    $2,450,000
    27,460 SF
    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 46 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Lot on East Main
    $999,923
    0.23 Acres
    Commercial Lot on East Main

    Commercial property with storage shed and business potential.

    1074 East Main Road, Portsmouth, RI 2871

    View details
    Cleared Land with Utilities
    $950,000
    Cleared Land with Utilities

    Cleared, graded land with utilities in commercial area.

    149 W Main Road, Middletown, RI 2842

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    Cleared Land in Commercial Area
    $950,000
    0.87 Acres
    Cleared Land in Commercial Area

    Commercial land with utilities in a high-traffic location.

    149 W Main, Middletown, RI 2842

    View details
    Commercial Land with Storage Shed
    Contact for pricing
    0.23 Acres
    Commercial Land with Storage Shed

    Flexible commercial land parcel with an on-site storage shed for equipment, landscaping, or boat and container storage.

    1074 East Main Road, Portsmouth, RI 2871

    View details

    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
    VACANT COMMERCIAL LAND
    Lot: 0.23 Acres
    Value Estimation by Request

    580 Thames St, Newport, RI 02840-6741

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    Spg St
    VACANT COMMERCIAL LAND
    Lot: 0.07 Acres
    Value Estimation by Request

    Spg St, Newport, RI 02840

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    7 Bowler Ln
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    7 Bowler Ln, Newport, RI 02840-2729

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    Church St
    VACANT COMMERCIAL LAND
    Lot: 0.42 Acres
    Value Estimation by Request

    Church St, Newport, RI 02840

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    Long Wharf
    VACANT COMMERCIAL LAND
    Lot: 0.19 Acres
    Value Estimation by Request

    Long Wharf, Newport, RI 02840

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    Coddington Cv
    VACANT COMMERCIAL LAND
    Lot: 3.84 Acres
    Value Estimation by Request

    Coddington Cv, Newport, RI 02840-6000

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    Victoria Ave
    VACANT COMMERCIAL LAND
    Lot: 1.38 Acres
    Value Estimation by Request

    Victoria Ave, Newport, RI 02840

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    11 Oak St
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    11 Oak St, Newport, RI 02840-2720

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    Merton Rd
    VACANT COMMERCIAL LAND
    Lot: 0.23 Acres
    Value Estimation by Request

    Merton Rd, Newport, RI 02840

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    Ocean Ave
    VACANT COMMERCIAL LAND
    Lot: 3.29 Acres
    Value Estimation by Request

    Ocean Ave, Newport, RI 02840

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    Charles St
    VACANT COMMERCIAL LAND
    Lot: 0.07 Acres
    Value Estimation by Request

    Charles St, Newport, RI 02840

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    Bellevue Ave
    VACANT COMMERCIAL LAND
    Lot: 0.31 Acres
    Value Estimation by Request

    Bellevue Ave, Newport, RI 02840

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    Waites Wharf
    VACANT COMMERCIAL LAND
    Lot: 0.07 Acres
    Value Estimation by Request

    Waites Wharf, Newport, RI 02840

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    John St
    VACANT COMMERCIAL LAND
    Lot: 0.12 Acres
    Value Estimation by Request

    John St, Newport, RI 02840

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    Thames St
    VACANT COMMERCIAL LAND
    Lot: 0.08 Acres
    Value Estimation by Request

    Thames St, Newport, RI 02840

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    Washington Sq
    VACANT COMMERCIAL LAND
    Lot: 0.04 Acres
    Value Estimation by Request

    Washington Sq, Newport, RI 02840

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    Warner St
    VACANT COMMERCIAL LAND
    Lot: 0.10 Acres
    Value Estimation by Request

    Warner St, Newport, RI 02840

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    Waites Wharf
    VACANT COMMERCIAL LAND
    Lot: 0.08 Acres
    Value Estimation by Request

    Waites Wharf, Newport, RI 02840

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    Waites Wharf
    VACANT COMMERCIAL LAND
    Lot: 0.05 Acres
    Value Estimation by Request

    Waites Wharf, Newport, RI 02840

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    Thames St
    VACANT COMMERCIAL LAND
    Lot: 0.15 Acres
    Value Estimation by Request

    Thames St, Newport, RI 02840

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    Spg St
    VACANT COMMERCIAL LAND
    Lot: 0.07 Acres
    Value Estimation by Request

    Spg St, Newport, RI 02840

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    Spg St
    VACANT COMMERCIAL LAND
    Lot: 0.10 Acres
    Value Estimation by Request

    Spg St, Newport, RI 02840

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    Scotts Wharf
    VACANT COMMERCIAL LAND
    Lot: 0.33 Acres
    Value Estimation by Request

    Scotts Wharf, Newport, RI 02840

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    Newport, RI Commercial Land Market Trends and Statistics

    Explore 42 commercial land for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 27,460 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 1
    Waterfront Land 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02840 $2.5M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport County

    Retail

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