165 Oliphant Ln Middletown, RI 02842
This newly constructed, single-story industrial building in Middletown, Rhode Island, offers 16,560 square feet of versatile space, ideal for manufacturing, refrigerated/cold storage, warehousing, distribution, or research and development. The property, located at 165 Oliphant Lane, zip code 02842, features four suites, with a minimum divisible space of 2,663 square feet and a maximum contiguous space of 6,299 square feet. Currently, 6,229 square feet are available. The building boasts convenient features such as spacious garage doors, perfect for businesses requiring easy access for equipment and materials. Its location in Newport County provides excellent accessibility for both local and regional operations. Built in 2023, this property is ready for occupancy in June 2024, presenting a unique opportunity for businesses seeking a modern, functional, and strategically located space to expand or establish their operations. The property is suitable for a variety of uses, including tradesmen businesses and retail ventures. This is a prime location to attract customers and establish a strong presence in the Middletown market. No elevators are present in this single-story building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
L1 · Middletown, RICosts & 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.