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Property profile & analytics
OFF-MARKET
Commercial real estate

1526 Main Rd Portsmouth, RI 02871

2.44 ac lot
Property ID
US76-0059430
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.44 ac (106,286 SF)
UPID US76-0059430
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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