Property profile

171 Old Tower Hl Rd South Kingstown, RI 02879

OFF-MARKET
Investment properties
Property ID
US76-0111561
9,015 SF 1.18 ac lot Built 1967
Entity Owned 6-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,015 SF
Lot 1.18 ac (51,401 SF)
Zoning code CH
APN SKIN P:057-2 L:000055
UPID US76-0111561

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
  • Gas Station
  • Auto Repair Shop

Location

171 Old Tower Hl Rd South Kingstown, RI 02879-3736
South Kingstown metro Census 51202 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.41M
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.42M

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

CH · South Kingstown, RI
Zoning description

ed-Use Detached Structure (elderly residential occupancy only) 5,000 for first 2 D.U.s + 1200 per each add'l. D.U. plus a minimum of 5,000 sq. ft. for any commercial use 100 50% 40 15 0 0 0 0 0 0 4, 6, 8 ZONING DISTRICT…

General category COMMERCIAL

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
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