Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1237 Kingstown Rd South Kingstown, RI 02879

FOR SALE
Other investment properties
Property ID
US76-0084588
0.44 ac lot
Last sale Feb 2017 · $482,500
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This street-level commercial retail space is located at the Peace Dale rotary with prominent corner exposure and direct street access at 1237 Kingstown Rd in South Kingstown, Rhode Island. The unit features full window frontage for storefront display and is configured as a two-room suite containing two bathrooms and an air-conditioning system, suitable for retail uses that rely on pedestrian-oriented visibility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$636k
Assessed land$110k
Assessed improvement$526k
Effective rate1.11%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$310k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$806
Operating expenses−$6k
NOI · 585.32% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$188/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$113 – $253

Cap rate analysis

How does the asset earn?
585.32%
$13k 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?
CD
This is the central business district of the town which developed along Wakefield's Main Street and adjacent side streets, from approxima...
General categoryCOMMERCIAL
JurisdictionSOUTH KINGSTOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.8
Smoke and Vape Shop9.8
Grocery Store9.7

Location

1237 Kingstown Rd South Kingstown, RI 02879
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
11 Kenyon, South Kingstown, RI 02879-4213 $1,350,000 Mar 2025 3,986 SF
323 Main, South Kingstown, RI 02879-7403 $1,300,000 Feb 2025 No data
390 Main, South Kingstown, RI 02879-7407 $550,000 Oct 2024 2,846 SF
171 Main, South Kingstown, RI 02879-3504 $460,000 Jan 2024 2,249 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
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
Why this one?
Saved
Reason not saved — we won't ask again