Financial
Distress signals
Property profile

3357 Main Rd Portsmouth, RI 02871

OFF-MARKET
Showrooms
Property ID
US76-0120648
1,284 SF 0.17 ac lot Built 1950
Last sale Feb 2008 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-unit commercial property is situated on East Main Road in a high-traffic area. The building is located within walking distance of the Island Park waterfront district and provides access to Route 24 from both northbound and southbound directions. The property is configured for business use, with the spaces set up as two separate units.

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?
$3k
Tax billed · 2023
Assessed value$226k
Assessed land$119k
Assessed improvement$106k
Effective rate1.28%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 26 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 comparables26

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.7
Dental Office12.4
Law Firm11.5

Location

3357 Main Rd Portsmouth, RI 02871-4233
County assessor Recorded deeds · 4 transfers 26 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
103 Clock Tower, Portsmouth, RI 02871-1396 $199,250 Feb 2025 1,457 SF
3102 Main, Portsmouth, RI 02871-4256 $600,000 May 2024 1,924 SF
39 Main, Portsmouth, RI 02871-2108 $145,000 Sep 2022 1,907 SF
2765 Main, Portsmouth, RI 02871-2605 $290,000 Aug 2022 1,473 SF
1172 Main, Portsmouth, RI 02871-1320 $325,000 Mar 2022 849 SF
556 Park, Portsmouth, RI 02871-4938 $215,000 Aug 2021 1,327 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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