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    Property profile & analytics

    133 Ocean Ave Block Island, RI 02807

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US76-0196046
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 133 Ocean Ave

    Property type
    Commercial real estate
    APN
    BLOC M:05 L:000
    APU
    BLOCM05L000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Block Island
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.5647
    Latitude
    41.1739
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,365
    $0.00
    $1,334,200
    $1,334,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.76 Acres

      35 Connecticut Ave

      COMMERCIAL (GENERAL) • 2.76 Acres
      35 Connecticut Ave, Block Island, RI 02807-7803
      View Details
    • Value Estimation by Request
      3,800 SF

      43 Spg St

      COMMERCIAL (GENERAL) • 3,800 SF
      43 Spg St, Block Island, RI 02807
      View Details
    • Value Estimation by Request
      20,026 SF

      42 Water St

      SHOW ROOM, WAREHOUSE • 20,026 SF
      42 Water St, Block Island, RI 02807-7713
      View Details
    • Value Estimation by Request
      12,154 SF

      45 High St

      SHOW ROOM, WAREHOUSE • 12,154 SF
      45 High St, Block Island, RI 02807
      View Details
    • Value Estimation by Request
      11,503 SF

      32 Dodge St

      SHOW ROOM, WAREHOUSE • 11,503 SF
      32 Dodge St, Block Island, RI 02807
      View Details
    • Value Estimation
      $435,000
      2,902 SF

      446 Ocean Ave

      SHOW ROOM, WAREHOUSE • 2,902 SF
      446 Ocean Ave, Block Island, RI 02807
      View Details

    Similar Nearby for Sale

    • $44,000

      Block Island Commercial Gem

      High Street Retail/Office Space
      27 High St, New Shoreham, RI 02807
      View Details
    • New
      $2,295,000
      0.28 Acres

      Block Island Two-Family Home

      Versatile home with income potential in prime location.
      557 Ctr Rd, Block Island, RI 02807
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    • $3,775,000
      0.44 Acres

      Block Island Mixed-Use Investment

      Prime commercial and residential property in Block Island's downtown.
      442 Dodge St, Block Island, RI 02807
      View Details
    • $1,495,000
      4.57 Acres

      Block Island Land Opportunity

      4.57-acre parcel in Pilot Hill area, Block Island.
      194-3 Pilot Hl Rd, Block Island, RI 02807
      View Details
    • $6,000,000
      7.10 Acres

      Waterfront Acres on Block Island

      7.1 acres of waterfront land on Block Island's south side.
      Off Snake Hole Rd, Block Island, RI 02807
      View Details
    • $2,400,000
      0.28 Acres

      Block Island Mixed-Use Opportunity

      Mixed-use property in desirable location with flexible commercial space.
      454 Ocean Ave, Block Island, RI 02807
      View Details
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    133 Ocean Ave
    Block Island, RI 02807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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