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    Property profile & analytics
    FOR SALE
    Commercial real estate

    360 Kingstown Rd, Narragansett, RI 02882

    Built 1987
    Individually Owned 3-yr Hold
    Property ID
    US76-0282140
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 360 Kingstown RD, Narragansett, RI 02882, presents a unique investment opportunity. The 2,444 square foot building, constructed in 1987, sits on a lot with dimensions not specified in the provided information. Previously utilized as a radiology office, the space is ideally suited for a variety of medical practices. The layout includes a spacious waiting area, a reception area, two bathrooms, two x-ray rooms (which may require updating or removal depending on the buyer's intended use), and five individual office suites, providing ample room for staff and patient interaction. The property is being offered for sale at $14,999. This sale is contingent upon Superior Court approval. Prospective buyers are responsible for conducting thorough due diligence to independently verify all aspects of the property information. The property is situated in the heart of South County, Rhode Island, offering convenient access to local amenities and a strong patient base. The building consists of one unit within a single building. This presents a rare chance to acquire a well-established medical office space in a desirable location. All interested parties should be prepared to complete all necessary due diligence to confirm the accuracy of the provided information.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1987
    UPID US76-0282140
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Thundermist Health Center · 3 yrs held
    Thundermist Health Center
    since 2023
    4 recorded transactions
    2023
    $375,000
    2022
    $85,000
    2018
    2017
    $352,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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