Financial
Distress signals
Property profile

138-142 Thames St 142 Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0190197
16,755 SF 0.2 ac lot Built 1900
Last sale Jul 2024 · $9,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years.
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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

What does the county charge?
Assessed value · 2023$3.67M
Assessed land$940k
Assessed improvement$2.73M

Value estimate

· Sep 2026
$9.75M
$8.78M – $10.73M
AI approach$9.75M

Realmo valuation models over county records and 8 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 comparables8

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 Store11.2
Daycare Center9.9
Storage Facility9.6

Location

138-142 Thames St, Unit 142 Newport, RI 02840-6629
County assessor Recorded deeds · 4 transfers 8 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
372 Thames, Newport, RI 02840-6625 $3,800,000 Jan 2025 12,132 SF
140-144 Broadway, Newport, RI 02840 $2,625,000 Sep 2024 7,102 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 Broadway, Newport, RI 02840 $1,200,000 Sep 2021 6,204 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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