Financial
Distress signals
Property profile

1960 Main Rd Portsmouth, RI 02871

OFF-MARKET
Showrooms
Property ID
US76-0152310
7,584 SF 1.55 ac lot Built 2010
Last sale Jul 1993 · $15,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property at 1960 East Main Road, Portsmouth, RI, presents a unique investment opportunity. The 7,584 square foot steel structure, constructed in 2010, sits on a 1.55-acre lot zoned for commercial use. Its prime location along the high-traffic East Main Road ensures excellent visibility and accessibility. The building boasts modern systems and a spacious layout, ideal for a variety of businesses. The interior comprises over 6,600 square feet of warehouse space

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$736k
Assessed land$431k
Assessed improvement$305k
Effective rate1.28%

Value estimate

· Sep 2026
$380k
$342k – $418k
CAP approach$1.18M
Sales comparison$1.17M

Realmo valuation models over county records and 29 qualifying comparable sales.

Recently sold

What actually traded nearby?
$223/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$125 – $306
Qualifying comparables29

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
COMMERCIAL DISTRICT C-1 is established to provide areas for commercial establishments and serve community and Town-wide shopping and serv...
General categoryCOMMERCIAL
JurisdictionPORTSMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.2
Restaurant13.2
Realty agency13.1

Location

1960 Main Rd Portsmouth, RI 02871-1285
County assessor Recorded deeds · 5 transfers 29 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
161 Willow, Portsmouth, RI 02871-1613 $125,000 Jul 2024 8,269 SF
2560 Main, Portsmouth, RI 02871-4064 $40,000 Apr 2024 7,112 SF
1812 Main, Portsmouth, RI 02871-1236 $5,263,021 May 2023 4,250 SF
3101 Main, Portsmouth, RI 02871-4216 $535,000 May 2023 8,320 SF
350 Boyds, Portsmouth, RI 02871-3004 $850,000 Jul 2022 4,664 SF
944 Main, Portsmouth, RI 02871-2350 $1,625,806 Feb 2022 4,396 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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