Property summary
This exceptional Middletown, Rhode Island office building, located at 127 Johnny Cake Hill Road, offers 11,848 square feet of versatile space ideal for businesses of all sizes. Built in 1980 and zoned OP - Office Park, this property boasts a flexible layout, accommodating various needs. Multiple tenancy options are available, with suites ranging from a minimum of 2,320 square feet to a maximum contiguous space of 5,720 square feet. Currently, 11,133 square feet are vacant, presenting a significant opportunity for immediate occupancy. The property is situated in Newport County, Rhode Island, with easy access to local amenities and transportation. This traditional office space, also suitable for executive offices, offers affordable lease rates for terms up to three years. The building's adaptable design allows for customization to meet specific business requirements, making it an attractive option for both startups and established companies seeking a prime location in a thriving business community. The property's address is 127 Johnny Cake Hill, Middletown, RI 02842. This is a rare opportunity to secure a substantial and adaptable office space in a desirable location. Don't miss this chance to establish your business in a sought-after area.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic
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Physician
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Psychotherapist
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Office Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous compatible uses. (M)
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Middletown market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
OP · Middletown, RIOffice Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous compatible uses. (M)
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Office Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous compatible uses. (M)
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP in Middletown, RI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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