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Property profile & analytics
OFF-MARKET
Warehouses

300 Coddington Hwy Middletown, RI 02842

Built 2025
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, modern business and storage complex in Middletown, Rhode Island. Located at 300 Coddington Highway, UNIT 104, this property boasts a prime location, offering easy access to Middletown's corporate and industrial parks, the Newport Pell Bridge, Newport's marine industry, Naval Station Newport, and numerous local businesses. The complex sits on a substantial 168,000 square foot lot and comprises four individual buildings, each offering 14,400 square feet of customizable space. Designed with flexibility in mind, each unit features a spacious 14 x 14 foot garage door, a separate entry door, and the potential for a mezzanine level, catering to a diverse range of businesses, including craftspeople, marine tradespeople, artists, and general tradespeople. Currently under construction with a projected completion date of 2025, this development offers two units for sale at an asking price of $395,000. The open architecture allows for various configurations to suit individual business needs. While tax information is not yet available due to the property's new construction status, the current assessed value reflects the entire land parcel. Don't miss this chance to secure your space in this thriving commercial hub.

Property profile
Verified
Property type Warehouses
Year built 2025
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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