Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Showrooms
1860 Kingstown Rd South Kingstown, RI 02879-1612
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0188556
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2022
Total area
6,488 SF
Lot
2.18 ac (94,961 SF)
Zoning code
MU
APN
SKIN P:040-1 L:000125
UPID
US76-0188556
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
$2.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$2.56M
Owner & transaction history
Havre De Grace LLC · 3 yrs held
Havre De Grace LLC
since 2022
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
MU · South Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ment Projects - Use Codes 12 and 12.1 15,000 for first 2 D.U.s + 5,000 per each add'l. D.U. 150 30% 35 15 25 20 10 30 10 10 10, 12 All Other Permitted Principal Uses 10,000 80 25% 35 15 25 20 10 30 10 10 ZONING DISTRICT MU Any Permitted Manufacturing Use 40,000 150 40% 40 40 40 40 30 40 10 10 Multi-Household: Structure and Land Development Project SAME AS DI…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
17.86 ac
Source
Code of Ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Kingstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,560,000
ML approach
$2,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±10% · vs last sale $2.29M (Nov 17 2022)
Last sale anchor
$2.29M
Nov 17 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$395 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,472
Tax year 2024
Assessed value
$1,490,700
Assessed 2024
Previous assessed
$1,490,700
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$488,900
Assessed improvement
$1,001,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2022
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
6,488 SF
Lot
2.18 ac (94,961 SF)
Zoning code
MU
APN
SKIN P:040-1 L:000125
UPID
US76-0188556
Jurisdiction
SOUTH KINGSTOWN
Zoning & alternative use
MU · South Kingstown, RIZoning MU · permitted uses
MU · South Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ment Projects - Use Codes 12 and 12.1 15,000 for first 2 D.U.s + 5,000 per each add'l. D.U. 150 30% 35 15 25 20 10 30 10 10 10, 12 All Other Permitted Principal Uses 10,000 80 25% 35 15 25 20 10 30 10 10 ZONING DISTRICT MU Any Permitted Manufacturing Use 40,000 150 40% 40 40 40 40 30 40 10 10 Multi-Household: Structure and Land Development Project SAME AS DISTRICT RM All Other Permitted Uses, including Two-Household Detached Structure 10,
Zone name
Mixed Use
General category
MIXED_USE
Zone area
17.86 ac
Source
Code of Ordinances
Building & site characteristics
From public records
Year built
2022
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
Havre De Grace LLC
Entity
Mailing address
1704 N PARK DR APT #106, WILMINGTON, DE 19806-2145
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
$2,292,800
Havre De Grace LLC
Mcg South Kingston LLC
Quit Claim Arm's Length For Ne States
$500,000 · Wilmington Savings Fund Society Fsb
Jul 29, 2010
$1
South Shore Mental Healt
South Shore Mental Healt
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1860 Kingstown Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
