Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    75 Tupelo St Bristol, RI 02809

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,350,000

    Commercial park with flexible spaces for tradesmen, artisans, craftsmen.

    Property size:
    6,000 SF
    Lot size:
    5.38 Acres

    Property Features for 75 Tupelo St

    General Information

    Size
    6,000 SF
    Lot size
    5.38 Acres

    We can help!

    Listing Contact
    Whitney Rugg
    Source: Moodyscre

    Listing Agent: Whitney Rugg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Flex Space in Bristol

    Constructed in 2014, Tupelo Cove is a commercial park consisting of two buildings. Each unit is separately metered for gas and electricity (3 phase, 120/208V). Available is a 6,000 square foot unit with 4 drive-in doors. Each unit has a 14' w x 16' h drive in door. Tupelo Cove is situated between Route 114 & 136 in Bristol, RI, adjacent to the Bristol Industrial Park. It offers easy access to all points in the East Bay and is minutes from Aquidneck Island. It is an ideal setting for tradesmen, artisans, and craftsmen.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oxford Plastics USA Plastic Products Supplier Langerman Design Design Engineer Kinder Industries Inc Sailmaker Carbon Ocean Yachts Corporate Office Coastal Kitchens Kitchen Remodeler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Bristol
    State
    Rhode Island
    Longitude
    -71.2751195
    Latitude
    41.7050618

    Nearby Similar for Sale

    • Contact for pricing
      0.37 Acres

      Office Suites on Hope Street

      Office suites available on heavily traveled Hope Street.
      970 Hope St, Bristol, RI 02809
      View Details
    • $1,995,000
      0.33 Acres

      Waterfront Commercial Building in Bristol

      Three-unit commercial building with restaurant tenants and warehouse space.
      382 Thames St, Bristol, RI 02809
      View Details
    • $3,250,000
      1.21 Acres

      Bristol Restaurant with Banquet Rooms

      Upscale dining restaurant with banquet rooms and ample parking.
      383 Metacom Ave, Bristol, RI 02809
      View Details
    • $925,000
      0.04 Acres

      Restaurant and Home For Sale

      Restaurant and single family home package in Bristol, RI.
      170 Franklin St, Bristol, RI 02809
      View Details
    • New
      Contact for pricing
      0.60 Acres

      Downtown Bristol Office Space Available

      Office spaces in downtown Bristol, RI with utilities included.
      399 Hope St, Bristol, RI 02809
      View Details
    • $925,000
      0.07 Acres

      Turnkey Home and Restaurant Package

      Home and thriving restaurant in Bristol, Rhode Island.
      2 Wilson St, Bristol, RI 02809
      View Details
    • New
      $570,000
      0.23 Acres

      Downtown Multifamily Investment Opportunity

      Multifamily property near shops, restaurants, and Unity Park.
      214 Franklin St, Bristol, RI 02809
      View Details
    • $649,000

      Historic Multifamily Property in Bristol

      Multifamily property in the heart of historic downtown Bristol.
      34 Central St, Bristol, RI 02809
      View Details
    • $599,777
      0.32 Acres

      Bristol Commercial Corner Lot

      High-Visibility Business Opportunity in Bristol, RI
      255 State St, Bristol, RI 02809
      View Details
    • $3,250,000
      23,000 SF

      Bristol Commercial Gem: 23,000 SF Restaurant & More

      Upscale restaurant, 1.21 acres, high-growth area.
      383 Metacom Ave, Bristol, RI 02809
      View Details
    • $969,000
      4,673 SF

      Historic Bristol 5-Unit Multifamily

      Prime Bristol location, 5 units, great investment.
      93 Bay View Ave, Bristol, RI 02809
      View Details

    FAQs

    What type of property is this?
    Flex space - Commercial park with flexible spaces for tradesmen, artisans, craftsmen.
    Where is this flex space located?
    The property is located at 75 Tupelo St Bristol, RI.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Ideally situated between Route 114 & 136 in Bristol, RI, providing easy access to the East Bay and Aquidneck Island.; - Flexible size options available: **1,500 SF unit with one drive-in door and a 6,000 SF unit with four drive-in doors.**; - Each unit is separately metered for gas and electricity (3 phase, 120/208V).
    (401) 474-4879
    Request Owner's contact information
    75 Tupelo St Bristol, RI 02809
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    75 Tupelo St
    Bristol, RI 02809
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    75 Tupelo St Bristol, RI 02809
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Whitney Rugg
    (401) 474-4879
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.