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Property profile & analytics
OFF-MARKET
Commercial land
1350 Main Rd Middletown, RI 02842-6356
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US76-0376517
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.83 ac (123,275 SF)
Zoning code
GBA
APN
MIDD M:0106 B:00 L:59
UPID
US76-0376517
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Honda Parts Auto Parts Store
-
Honda Care Vehicle Service Contract from Saccucci Honda Car Dealership
-
Honda Service Auto Repair Shop
-
Saccucci Honda Car Dealership
-
Saccucci Carol E Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Saccucci Auto Group INC · 9 yrs held
Saccucci Auto Group INC
since 2017
1 recorded transaction
Zoning & alternative use
GBA · Middletown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This purpose of this district is established to provide areas for most retail, wholesale, and service businesses, serving both local as well as regional markets, Within the GB District, mixed use development projects are also allowed as an option to provide for village style development of a mix of uses, including multi family residential, small scale retail…
Zone name
Traffic Sensitive General Business
General category
MIXED_USE
Zone area
311.11 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,715
Tax year 2024
Assessed value
$2,135,200
Assessed 2024
Previous assessed
$1,052,700
+102.8% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,120,200
Assessed improvement
$15,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
2.83 ac (123,275 SF)
Zoning code
GBA
APN
MIDD M:0106 B:00 L:59
UPID
US76-0376517
Jurisdiction
MIDDLETOWN
Zoning & alternative use
GBA · Middletown, RIZoning GBA · permitted uses
GBA · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This purpose of this district is established to provide areas for most retail, wholesale, and service businesses, serving both local as well as regional markets, Within the GB District, mixed use development projects are also allowed as an option to provide for village style development of a mix of uses, including multi family residential, small scale retail, office and public uses, while preserving open space and to limit commercial sprawl
Zone name
Traffic Sensitive General Business
General category
MIXED_USE
Zone area
311.11 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
2.83 ac
Current owner
From public records · entity-resolved
Saccucci Auto Group INC
Entity
Mailing address
1350 W MAIN RD, MIDDLETOWN, RI 02842-6356
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
—
Saccucci Auto Group INC
—
Deed
related
$300,000 · Savings Institute
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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