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Financial
Distress signals
Property profile

10 Prosser Trl Charlestown, RI 02813

FOR SALE
Investment properties
Property ID
US76-0337865
4.44 ac lot
Last sale Jan 2008 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Charlestown, RI commercial property presents a unique investment opportunity. The 5,750 square foot property includes a historic 1940s motel featuring 21 guest rooms, each with a private bathroom, heating/air conditioning, TV, microwave, and refrigerator. Several rooms boast balconies and kitchenettes. A separate, charming stone building offers a 2-bedroom, 2-bathroom owner's suite with a fireplace and original stonework. The main building houses a restaurant with seating…

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.

Debts

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?
$5k
Tax billed · 2024
Assessed value$860k
Assessed land$361k
Assessed improvement$499k
Effective rate0.58%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$261k
Vacancy & credit loss−$11k
Operating expenses−$62k
NOI · 6.24% cap applied$187k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$205/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$113 – $305

Cap rate analysis

How does the asset earn?
6.24%
$187k 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?
C3
Commercial 3: C-3. This district is intended only for areas abutting the highway known as "US Route 1." These areas are intended to be pr...
General categoryCOMMERCIAL
JurisdictionCHARLESTOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.8
Plumbing Service8.8
Tailor Shop8.7

Location

10 Prosser Trl Charlestown, RI 02813
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
4435 Old Post, Charlestown, RI 02813-2562 $915,000 May 2024 No data
4210 Old Post, Charlestown, RI 02813-2554 $187,000 Oct 2023 No data
5402 Post, Charlestown, RI 02813-1738 $1,291,000 Sep 2023 No data
4021 Old Post, Charlestown, RI 02813-2553 $525,000 Nov 2022 3,159 SF
4115 Old Post, Charlestown, RI 02813-2553 $1,312,500 Feb 2022 No data
4470 Old Post, Charlestown, RI 02813-2559 $1,300,000 Dec 2021 No data
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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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
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