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Financial
Distress signals
Property profile

2343 Diamond Hill Rd Cumberland, RI 02864

FOR LEASE
Showrooms
Property ID
US76-0303473
3,993 SF 0.44 ac lot Built 1956
Last sale Oct 2017 · $660,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2343 Diamond Hill Rd, Cumberland, RI 02864 For Lease
$19 SF/Yr
2343 Diamond Hill Rd, Cumberland, RI 02864
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Property summary

AI-generated overview

This office building is located on Route 114 (Diamond Hill Road) in a high-traffic area with convenient access to I-295. The property includes ample parking and is configured with two suites, suitable for a range of professional service uses such as legal, accounting, medical, and consulting, as well as related services including chiropractic.

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.

Debts

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$673k
Assessed land$254k
Assessed improvement$419k
Effective rate1.19%

Value estimate

· Oct 2026
$665k
$599k – $732k
CAP approach$725k
Submarket $/SF estimate$740k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$4k
Operating expenses−$6k
NOI · 93,542.11% cap applied$18k

Realmo valuation models over county records and 39 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$86 – $200
Qualifying comparables39

Cap rate analysis

How does the asset earn?
93,542.11%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
C-1: Limited Commercial District. This zoning district is intended for neighborhood commercial areas that primarily serve local neighborh...
General categoryCOMMERCIAL
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.9
Dental Office12.5
Law Firm11.9

Location

2343 Diamond Hill Rd Cumberland, RI 02864
County assessor Recorded deeds · 1 transfer 39 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

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20 Pleasant, Cumberland, RI 02864-7834 $600,000 May 2025 3,830 SF
2339 Diamond Hl, Cumberland, RI 02864-4703 $925,000 Dec 2024 3,360 SF
1700 Mendon, Cumberland, RI 02864-4870 $1,100,000 May 2024 3,779 SF
48 Wrentham, Cumberland, RI 02864-2102 $598,000 Dec 2022 4,679 SF
2 Meehan, Cumberland, RI 02864-1413 $565,000 May 2022 4,000 SF
8 Crepeau, Cumberland, RI 02864-2107 $250,000 Aug 2021 3,845 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
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