35 Dyer Portsmouth, RI 02871
Unique property with redevelopment potential in a desirable coastal community.
Property Features for 35 Dyer
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing office OUR REAL ESTATE (401) 835-7778
Listing date Apr 6, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Large 4,800+ sq ft building approved for professional office use
- Includes an additional abutting lot (0 Dyer St) for potential redevelopment or expansion
- Located in a desirable coastal community with convenient access to amenities, waterfront, and major routes
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.2k | $16.08 |
| − Vacancy | −$16.0k | −$3.32 |
| EGI | $61.2k | $12.76 |
| − OpEx | −$15.3k | −$3.19 |
| NOI | $45.9k | $9.57 |
