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    127 Johnny Cake Hill Rd Middletown, RI 02842

    Sponsored
    For Lease
    $62,916

    11,848 SF Office Building, Flexible Suites

    Lot size:
    11,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Middletown, Rhode Island office building, located at 127 Johnny Cake Hill Road, offers 11,848 square feet of versatile space ideal for businesses of all sizes. Built in 1980 and zoned OP - Office Park, this property boasts a flexible layout, accommodating various needs. Multiple tenancy options are available, with suites ranging from a minimum of 2,320 square feet to a maximum contiguous space of 5,720 square feet. Currently, 11,133 square feet are vacant, presenting a significant opportunity for immediate occupancy. The property is situated in Newport County, Rhode Island, with easy access to local amenities and transportation. This traditional office space, also suitable for executive offices, offers affordable lease rates for terms up to three years. The building's adaptable design allows for customization to meet specific business requirements, making it an attractive option for both startups and established companies seeking a prime location in a thriving business community. The property's address is 127 Johnny Cake Hill, Middletown, RI 02842. This is a rare opportunity to secure a substantial and adaptable office space in a desirable location. Don't miss this chance to establish your business in a sought-after area.

    Property Features for 127 Johnny Cake Hill Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,848 SF
    Total Rate
    62916

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Full Building
    Size
    11,848 SF
    Rate per SF
    $62,916
    Space
    Suite 1
    Size
    5,720 SF
    Rate per SF
    $62,916
    Space
    Suite 2
    Size
    2,320 SF
    Rate per SF
    $62,916
    Space
    Suite 3
    Size
    3,093 SF
    Rate per SF
    $62,916

    HighLights

    • 11,848 SF office building in Middletown, RI, at 127 Johnny Cake Hill Road.
    • OP‑zoned, offering flexible layouts and multiple tenancy options (2,320 SF - 5,720 SF suites).
    • 11,133 SF currently vacant, allowing for immediate occupancy.
    • Affordable lease rates available for terms up to three years.
    • Adaptable design suitable for various businesses, in a prime Middletown location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Jacob T. ... Doctor Newport County Community ... Mental Health Clinic Dr. Marci A. McNicol Psychiatrist Christopher M. Reidy, ... Psychotherapist James Turanski Psychiatrist

    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
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2840915
    Latitude
    41.503276

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    Nearby Similar for Lease

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      Retail Space with Restaurant Infrastructure

      Corner retail location with existing restaurant infrastructure and high traffic.
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      Retail Space in Middletown Center

      Retail space available in shopping center with pylon signage.
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      Retail Space Near Major Retailers

      Retail space available near Staples, Aldi, and Home Depot.
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      Retail Space with High Visibility

      Retail space with corner location, high visibility, and excellent access.
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      Middletown Office Space for Lease

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    FAQs

    What type of property is this?
    Office Property / Space - 11,848 SF Office Building, Flexible Suites
    Where is this office property / space located?
    The property is located at 127 Johnny Cake Hill Rd Middletown, RI.
    What is the lease rate?
    The lease rate is $62,916.
    What are key features of this property?
    This property features: 11,848 SF office building in Middletown, RI, at 127 Johnny Cake Hill Road.; OP-zoned, offering flexible layouts and multiple tenancy options (2,320 SF - 5,720 SF suites).; 11,133 SF currently vacant, allowing for immediate occupancy.
    Request Owner's contact information
    127 Johnny Cake Hill Rd Middletown, RI 02842
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    Middletown, RI 02842
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    Realmo Value Estimation

    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.

    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.

    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
    127 Johnny Cake Hill Rd Middletown, RI 02842
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