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Property profile & analytics
OFF-MARKET
Industrial land

165 Oliphant Ln Middletown, RI 02842

1.42 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US76-0378517
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.42 ac (61,855 SF)
Zoning code L1
APN MIDD M:0111 B:00 L:61A
UPID US76-0378517
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
165 Oliphant LLC · 2 yrs held
165 Oliphant LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
L1 · Middletown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source § 502 OFFICIAL ZONING MAP.
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