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Property profile & analytics

238 Robinson St South Kingstown, RI 02879-3549

  • Showrooms
  • 6,643 SF
  • 0.48 lot acres
OFF-MARKET
Value Estimations
$770,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US76-0064576
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • ​PST Senior Care Advocates / Senior Citizen Center
  • Ocean Roads Realty LLC Marie Theriault, Broker/Owner / Real Estate Agency
  • Ocean Roads Realty LLC / Real Estate Agency

Property Details for 238 Robinson St

Year built
1936
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 lot acres
Property size
6,643 SF
Zone code
CD
Property type
Showrooms
APN
SKIN P:057-4 L:000175
APU
SKINP0574L000175

Description

This exceptional 1936-built, two-story office building, formerly the United States Post Office, is situated on a substantial 20,909 square foot lot at 238 Robinson Street in the heart of South Kingstown, Rhode Island (zip code 02879). The Wakefield Professional Building offers a unique opportunity to acquire a landmark property. The building consists of executive suites, each providing a private office space, complemented by shared amenities including a reception area and a conference room. Ideal for professionals seeking a prestigious address, the building's central location ensures high visibility and easy accessibility. The monthly lease payments include all utilities except internet. This presents a rare chance to own a piece of South Kingstown's history, offering a blend of character and modern convenience. The asking price for this single-building property is $500,000. The building's prime location and attractive features make it an excellent investment opportunity. This is a turnkey operation, ready for immediate occupancy. The building's history and character add to its appeal, making it a desirable location for businesses seeking a unique and established presence in South Kingstown.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,120,000
    6.5%
    $1,035,000
    7%
    $960,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,029,000
    Market price range: $751k - $1.68M
    AI Estimate
    $670,000
    Market price range: $343k - $1.25M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,250,000
    Current use
    OFFICE BUILDING
    $1,165,000
    Change: -7% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
South Kingstown
County
Washington
State
Rhode Island
Longitude
-71.498
Latitude
41.4384
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,421
$228,700
$714,400
$943,100
-
$0.00
$0.00
$0.00
More about this property
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