Property profile

196 Ocean Rd Narragansett, RI 02882

OFF-MARKET
Investment properties
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Property ID
US76-0055764
5,676 SF 0.21 ac Built 1900
Last sale Apr 1998·$315,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$1.13M
Assessed land$460k
Assessed improvement$675k

Value estimate

· Nov 2026
$1.35M
$1.21M – $1.48M
CAP approach$885k
Submarket $/SF estimate$1.74M

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$154 – $307
Qualifying comparables26

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-C
This zone is composed of certain land and structures used primarily for the retailing of goods and services for water oriented activities
General categoryCOMMERCIAL
JurisdictionNARRAGANSETT

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.4
Auto Repair Shop13.4
Wholesale Shop12.7

Location

196 Ocean Rd Narragansett, RI 02882-1349
County assessor Recorded deeds · 3 transfers 26 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
148 Boon, Narragansett, RI 02882-3780 $433,000 May 2025 10,036 SF
151 Ocean, Narragansett, RI 02882-1355 $8,625,000 Nov 2021 34,173 SF
145 Boon, Narragansett, RI 02882-3779 $1,400,000 Jun 2020 7,919 SF
5 Continental, Narragansett, RI 02882 $1,625,000 Nov 2019 10,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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