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Property profile

422 High St Cumberland, RI 02864

OFF-MARKET
Other investment properties
Property ID
US76-0285429
3,426 SF 0.23 ac lot Built 1950
Last sale Feb 2025 · $650,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A fully renovated mixed-use building at 422 High Street in Cumberland, Rhode Island, combining a ground-floor commercial space with two residential units on the second floor. The commercial portion was previously operated as a bar and restaurant and is configured for ongoing food and beverage service, including a full liquor license (transfer/qualification required for a new operator) and space intended for that use. The second floor contains two separate residential units, each with 2 bedrooms…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$412k
Assessed land$101k
Assessed improvement$310k
Effective rate1.20%

Value estimate

· Oct 2026
$640k
$576k – $704k
AI approach$630k
CAP approach$625k
Submarket $/SF estimate$452k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$86 – $200
Qualifying comparables10

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?
R-2
Within the R-1 and R-2 zones, animals for personal use are allowed as follows: (a) For each 25,000 square feet of land one horse may be k...
General categoryRESIDENTIAL
JurisdictionCUMBERLAND

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 Firm16.8
Dental Office12.7
HVAC Service11.4

Location

422 High St Cumberland, RI 02864-7951
County assessor Recorded deeds · 9 transfers 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1394 Mendon, Cumberland, RI 02864-4828 $950,000 Jan 2025 3,885 SF
1181 High, Cumberland, RI 02864-6135 $490,000 Jul 2024 3,581 SF
1427 Diamond Hl, Cumberland, RI 02864-5549 $120,000 May 2024 3,200 SF
3191 Mendon, Cumberland, RI 02864-2402 $280,000 Jan 2024 3,479 SF
39 Dexter, Cumberland, RI 02864-7806 $22,500 Mar 2020 3,206 SF
2300 Diamond Hl, Cumberland, RI 02864-4746 $180,000 Sep 2019 2,918 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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