1526 Main Rd Portsmouth, RI 02871
This exceptional 2.44-acre commercial land parcel in Portsmouth, Rhode Island, presents a remarkable development opportunity. Located on West Main Road, Portsmouth's primary commercial artery, between Mill Lane and Dunkin Donuts, this property boasts excellent visibility and accessibility. The site comprises two adjacent parcels (1.99 acres and 0.45 acres) that can be purchased together or separately, offering flexible development options. Zoned C - Commercial, the land is level and development-ready, with utilities readily available. Its strategic location within the high-traffic corridor ensures significant exposure, making it ideal for a variety of commercial uses, including retail, office, or mixed-use developments. The thriving Portsmouth community and consistent traffic flow along West Main Road further enhance the investment potential. This rare opportunity to acquire substantial commercial acreage in a prime business district offers tremendous potential for developers seeking to establish a presence in this dynamic market. The property's size and location provide the flexibility to accommodate diverse commercial visions, making it an attractive investment for those seeking to capitalize on the growth and vibrancy of Portsmouth, RI. The 02871 zip code ensures easy access to local amenities and a strong regional market. This is a truly unique chance to secure a significant piece of Portsmouth's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.