Financial
Distress signals
Property profile

2 Sand Hill Cove Rd Narragansett, RI 02882

FOR SALE
Commercial land
Property ID
US76-0063836
6,727 SF 0.81 ac lot Built 1942
Last sale Feb 2021 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial land site totaling 35,195 square feet in the Point Judith neighborhood. It has 318 feet of total frontage and is located along a bus line and at a signalized intersection. The site is zoned for general business and was previously occupied by Charlie O’s Tavern.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$603k
Assessed land$603k
Effective rate1.26%

Value estimate

· Sep 2026
$1.03M
$923k – $1.13M
AI approach$1.18M
CAP approach$1.05M
Submarket $/SF estimate$1.04M

Realmo valuation models over county records and 11 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 comparables11

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-B
This zone is composed of certain land and structures used for the retailing of commodities and the furnishing of services dependent upon ...
General categoryCOMMERCIAL
JurisdictionNARRAGANSETT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.5
Parking Facility9.8
Hair Salon9.7

Location

2 Sand Hill Cove Rd Narragansett, RI 02882
County assessor Recorded deeds · 11 transfers 11 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

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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