Technical
Financial
Distress signals
Property profile

212 Thames St Newport, RI 02840

OFF-MARKET
Showrooms
Property ID
US76-0118082
3,456 SF 0.05 ac lot Built 1870
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1870
Construction FRAME
Total area 3,456 SF
Lot 0.05 ac (1,995 SF)
Zoning code GB
APN NEWP M:024 B:0159
UPID US76-0118082

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
  • Cafe & Coffee Shop
  • Hotel & Motel Resort

Location

212 Thames St Newport, RI 02840-6616
Newport metro Census 41000 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
$540k
Comparable Approach Comparable
$814k
Blend (final) Blend
$850k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
2021
Price N/A

Zoning & alternative use

GB · Newport, RI
Zoning description

R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limited Business District LB Waterfront Business District WB General Business District G…

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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