Property profile

20-24 Broadway Newport, RI 02840

OFF-MARKET
Investment properties
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Property ID
US76-0122331
6,204 SF 0.13 ac Built 1962
Last sale Sep 2021·$1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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

What does the county charge?
Assessed value · 2023$599k
Assessed land$325k
Assessed improvement$274k

Value estimate

· Nov 2026
$1.54M
$1.38M – $1.69M
AI approach$1.58M
CAP approach$965k
Submarket $/SF estimate$1.04M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$362/SF
ZIP average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$167 – $560
Qualifying comparables6

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

What can be built here?
GB
R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limit...
General categoryCOMMERCIAL
JurisdictionNEWPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.7
Daycare Center9.4
Laundry Service9.1

Location

20-24 Broadway Newport, RI 02840
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog

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
527 Thames, Newport, RI 02840-6710 $2,700,000 Jan 2026 5,255 SF
140-144 Broadway, Newport, RI 02840 $2,625,000 Sep 2024 7,102 SF
267 Spg, Newport, RI 02840-6814 $475,000 Sep 2024 3,573 SF
172-176 Broadway, Newport, RI 02840 $1,360,000 Jul 2023 4,784 SF
39 12th Memorial W, Newport, RI 02840 $1,100,000 Feb 2023 5,052 SF
20-24 Franklin, Newport, RI 02840-3013 $434,000 Nov 2021 4,123 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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