Financial
Distress signals
Property profile

217 Church St South Kingstown, RI 02879

FOR SALE
Industrial properties
Property ID
US76-0070722
23,040 SF 2.94 ac lot Built 1970
Last sale Oct 2021 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional single-tenant industrial warehouse at 217 Church Street, South Kingstown, RI 02879, offers 8,000 square feet of versatile space on a substantial 128,066 square foot lot. The property features a convenient grade-level, large overhead door, perfect for efficient loading and unloading. High ceilings provide ample vertical space for storage or specialized equipment. The building is zoned Ind M-96 and includes 15 parking spaces, a significant advantage for employees and clients. …

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 · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$1.36M
Assessed land$270k
Assessed improvement$1.09M
Effective rate1.11%

Value estimate

· Sep 2026
$1.83M
$1.64M – $2.01M
AI approach$1.86M
CAP approach$1.66M
Submarket $/SF estimate$2.39M
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 287,969.23% cap applied$37k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$104 – $180
Qualifying comparables3

Cap rate analysis

How does the asset earn?
287,969.23%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IND1
JurisdictionSOUTH KINGSTOWN

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 Facility12.1
Wholesale Shop12.1
Garden Center10.5

Location

217 Church St South Kingstown, RI 02879
County assessor Recorded deeds · 1 transfer 3 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message