Property profile

1387 Main Rd Middletown, RI 02842

OFF-MARKET
Showrooms
Property ID
US76-0378378
2,162 SF 0.57 ac lot Built 1994
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,162 SF
Lot 0.57 ac (24,829 SF)
Zoning code GBA
APN MIDD M:0112 B:00 L:3
UPID US76-0378378

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
  • Restaurant

Location

1387 Main Rd Middletown, RI 02842-6355
Middletown metro Census 40304 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

GBA · Middletown, RI
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…

General category MIXED_USE

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
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?”
You own 1387 Main Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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