Property summary
This exceptional 2,029 square foot Class B office building, located at 1521 W Main Rd, Middletown, RI 02842, presents a lucrative investment opportunity. Built in 1930 and renovated in 2012, this single-story property boasts two 100% occupied executive suites, generating a strong cash flow. The building sits on a 13,068 square foot corner lot with ample parking (19 spaces) and benefits from a General Business (GBA) zoning designation. Its prime location across from a major shopping center on… a heavily trafficked road with a traffic light ensures high visibility and accessibility. Features include a full basement, convenient side and front building access, and a handicapped-accessible walkway. The asking price is $875,000 ($431.25/sq ft), with a net-net lease structure and no rent bumps scheduled. The property is currently fully occupied until July 30, 2024. This is an ideal investment for those seeking a stable, high-return property in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 9 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,029 SF
- Lot area
- 0.3 ac
- Year built
- 1930
- Stories
- 1
- APN
- MIDD M:0111 B:00 L:36A
- Zoning
- GBA
- Assessed value · 2024
- $561,200
- Annual tax · 2024
- $7,284
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This purpose of this district is established to provide areas for most retail, wholesale, and service businesses, serving both local as well as regional markets, Within the GB District, mixed use development projects are…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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