300 Coddington Hwy Middletown, RI 02842
Exceptional investment opportunity awaits at Coddington Cove Commons, a brand-new, modern business and storage complex in Middletown, Rhode Island. This development, situated on a substantial 168,000 square foot lot, comprises four individual buildings, each offering 14,400 square feet of customizable space. Currently under construction with a projected completion date of 2025, this complex is perfectly suited for a variety of businesses, including small business owners, craftspeople, marine trades professionals, artists, and general tradespeople. Each unit boasts a spacious 14 x 14 foot garage door, a separate entry door, and the potential for a mezzanine level, offering unparalleled flexibility and adaptability. The open architecture allows for diverse configurations to meet individual business needs. Conveniently located with easy access to Middletown's corporate and industrial parks, the Newport Pell Bridge, Newport's marine industry, Naval Station Newport, and a wide array of local businesses, Coddington Cove Commons provides an ideal location for growth and success. The asking price for this exceptional property is $395,000. Currently, tax information is unavailable as the buildings are not yet complete; the assessed value reflects the land only. Two units are available. Don't miss this chance to secure your space in this thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.