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Financial
Distress signals
Property profile

238 Main Rd Middletown, RI 02842

OFF-MARKET
Showrooms
Property ID
US76-0376879
18,000 SF 1.42 ac lot Built 1978
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.75M
Assessed land$1.47M
Assessed improvement$1.28M
Effective rate1.30%

Value estimate

· Oct 2026
$2.02M
$1.82M – $2.22M
CAP approach$2.81M
Submarket $/SF estimate$1.50M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$189 – $349
Qualifying comparables7

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?
LBA
This purpose of this district is established to provide areas for day to day localized shopping needs, convenience shopping services to n...
General categoryMIXED_USE
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.5
Wholesale Shop17.0
Clothing Store16.5

Location

238 Main Rd Middletown, RI 02842-7277
County assessor Recorded deeds · 4 transfers 7 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
345 Vly, Middletown, RI 02842-5270 $1,800,000 Feb 2026 6,577 SF
823 Main, Middletown, RI 02842-6402 $250,000 Nov 2024 14,250 SF
1359 Main, Middletown, RI 02842-6355 $4,500,000 Aug 2024 25,494 SF
72 Johnny Cake Hl, Middletown, RI 02842-5639 $4,625,000 Apr 2024 19,080 SF
310 Main, Middletown, RI 02842-6328 $3,010,000 Mar 2024 15,934 SF
120 Miantonomi, Middletown, RI 02842-5450 $2,250,000 Dec 2023 8,686 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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