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Financial
Distress signals
Property profile

12 Ft Rd Westerly, RI 02891

OFF-MARKET
Commercial real estate
Property ID
US76-0338876
468 SF Built 1940
Last sale Jul 2025 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 12 Fort Road UNIT G-3 in Westerly, Rhode Island, presents a unique investment opportunity. The 88,000 square foot lot houses a two-story, 1940-built building with one unit, offering versatile space suitable for a variety of commercial uses. Its prime location on a busy street in Watch Hill ensures high visibility and significant traffic counts, drawing customers from New York, Connecticut, New Jersey, and Massachusetts. The property's…

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?
$2k
Tax billed · 2024
Assessed value$239k
Assessed improvement$239k
Effective rate0.98%

Value estimate

· Oct 2026
$200k
$180k – $220k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$92 – $356

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWESTERLY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Auto Repair Shop8.9
Storage Facility8.5

Location

12 Ft Rd Westerly, RI 02891-5708
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
37 Bch, Westerly, RI 02891-2702 $640,000 Dec 2024 2,560 SF
61 Main, Westerly, RI 02891-2163 $2,925,375 Sep 2024 1,568 SF
30 Pierce, Westerly, RI 02891 $91,000 Jan 2024 441 SF
1 Bay St1e, Westerly, RI 02891-5752 $500,000 Nov 2023 1,200 SF
74 Friendship, Westerly, RI 02891-1543 $200,000 Nov 2023 1,268 SF
162 Granite, Westerly, RI 02891-2438 $1,100,000 Aug 2023 2,820 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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