Property profile

116 Main St South Kingstown, RI 02879

OFF-MARKET
Investment properties
Property ID
US76-0056591
4,652 SF 0.3 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 4,652 SF
Lot 0.3 ac (13,068 SF)
Zoning code CD
APN SKIN P:057-1 L:000068
UPID US76-0056591

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Tanning Salon
  • Pediatrician Medical Clinic
  • Alternative Medicine Practice

Location

116 Main St South Kingstown, RI 02879-3669
South Kingstown metro Census 51202 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
$725k
Comparable Approach Comparable
$678k
Blend (final) Blend
$750k

Owner & transaction history

since 2023
Last sale
$800,000
3 recorded transactions
2023
$800,000
2009
$1
1989
Price N/A

Zoning & alternative use

CD · South Kingstown, RI
Zoning description

se Codes 12 and 12.1 15,000 for first 2 D.U.s + 5,000 per each add'l. D.U. 100 30% 35 15 25 20 10 30 10 10 3, 6, 8, 10, 12 All Other Permitted Principal Uses 10,000 70 25% 35 15 25 25 15 25 10 10 3, 6, 8 ZONING DISTRICT…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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