Financial
Distress signals
Property profile

10 Franklin St Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0246431
3,522 SF 0.06 ac lot Built 2000
Last sale Mar 2024 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.24M
Assessed land$231k
Assessed improvement$1.01M
Effective rate1.13%

Value estimate

· Sep 2026
$2.90M
$3.07M – $3.13M Model range
AI approach$2.90M
Submarket $/SF estimate$1.93M

Realmo valuation models over county records and 5 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 comparables5

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 Store11.1
Auto Repair Shop10.9
Electrical Service9.6

Location

10 Franklin St Newport, RI 02840-3013
County assessor Recorded deeds · 3 transfers 5 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
435 Thames, Newport, RI 02840-6753 $595,000 May 2025 3,297 SF
267 Spg, Newport, RI 02840-6814 $475,000 Sep 2024 3,573 SF
122 Touro, Newport, RI 02840-2967 $2,500,000 Jun 2023 3,237 SF
7 Broadway, Newport, RI 02840-2936 $560,000 Mar 2023 3,559 SF
114 Touro, Newport, RI 02840-2967 $1,250,000 Feb 2023 3,358 SF
43 Franklin, Newport, RI 02840-5603 $156,250 May 2021 3,527 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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