Financial
Distress signals
Property profile

22 Frontage Rd Westerly, RI 02891

OFF-MARKET
Industrial properties
Property ID
US76-0291496
14,400 SF 4.89 ac lot Built 2019
Last sale Mar 2025 · $973,150
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial warehouse property, located at 22 Frontage Road in Westerly, Rhode Island, presents a unique investment opportunity. The property boasts a substantial 143,748 square foot lot, entirely enclosed by a perimeter fence, ensuring security and privacy. The main building, constructed in 2019, offers 14,780 square feet of well-maintained warehouse space. All utilities are conveniently connected to the property, minimizing setup costs for the new owner. The building's

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$850k
Assessed land$177k
Assessed improvement$673k
Effective rate0.98%

Value estimate

· Sep 2026
$1.47M
$1.32M – $1.61M
CAP approach$1.04M
Sales comparison$1.88M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$138/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$104 – $180

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWESTERLY

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 agency12.7
Hair Salon10.5
Restaurant10.0

Location

22 Frontage Rd Westerly, RI 02891
County assessor Recorded deeds · 8 transfers Comp sales · not on file Zoning catalog · not on file

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

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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