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Property profile & analytics
OFF-MARKET
Estimated value
$16,000,000
Commercial real estate
240 Cards Pond Rd South Kingstown, RI 02879-6903
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US76-0033355
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
50.2 ac (2,186,712 SF)
Zoning code
R200
APN
SKIN P:092-1 L:000009
UPID
US76-0033355
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.00M
Owner & transaction history
Rcb INC
Rcb INC
since 2025
Last sale
$16.0M
7 recorded transactions
Zoning & alternative use
R200 · South Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-Min. Distance (Ft.) Notes Area S.F. Frontage & Width in Ft. Lot Building Coverage Principal Building Accsy. Bldg. Front Corner Side Side Rear Side Lot Lines Rear Lot Lines See pages following this table ZONING DISTRICT R200 All Permitted Uses 200,000 200 20% 35 20 50 40 40 50 20 20 1 ZONING DISTRICT R80 All Permitted Uses 80,000 200 20% 35 20 50 40 40 50 20…
Zone name
Rural Very Low Density District
General category
AGRICULTURAL
Zone area
4,576.18 ac
Source
Code of Ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Kingstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.00M
Range $14.40M – $17.60M · ±10% · vs last sale $16.00M (Oct 29 2025)
Last sale anchor
$16.00M
Oct 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$92,821
Tax year 2024
Assessed value
$8,400,100
Assessed 2024
Previous assessed
$8,400,100
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$3,724,600
Assessed improvement
$4,675,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
1
Lot
50.2 ac (2,186,712 SF)
Zoning code
R200
APN
SKIN P:092-1 L:000009
UPID
US76-0033355
Jurisdiction
SOUTH KINGSTOWN
Zoning & alternative use
R200 · South Kingstown, RIZoning R200 · permitted uses
R200 · South Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-Min. Distance (Ft.) Notes Area S.F. Frontage & Width in Ft. Lot Building Coverage Principal Building Accsy. Bldg. Front Corner Side Side Rear Side Lot Lines Rear Lot Lines See pages following this table ZONING DISTRICT R200 All Permitted Uses 200,000 200 20% 35 20 50 40 40 50 20 20 1 ZONING DISTRICT R80 All Permitted Uses 80,000 200 20% 35 20 50 40 40 50 20 20 1 ZONING DISTRICT R40 All Permitted Uses 40,000 150 20% 35 20 40 30 20 40 15 10
Zone name
Rural Very Low Density District
General category
AGRICULTURAL
Zone area
4,576.18 ac
Source
Code of Ordinances
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Lot
50.2 ac
Current owner
From public records · entity-resolved
Rcb INC
Entity
Mailing address
1771 AUGUSTA DR, FORT MYERS, FL 33907-5713
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2025
$16,000,000
Rcb INC
Matunuck Beach Prop INC
Warranty Deed
$2,000,000 · The Washington Trust Co Of Westerly
Aug 15, 2025
—
Patricia M Eldgedge
Helena F Eldredge
Quitclaim Deed
related
—
Sep 24, 2024
—
Lance & Diane Farber T
Lance J Farber
Quit Claim Deed
related
—
Jun 13, 2023
—
Bette J Cotter
Cotter Ft
Warranty Deed
—
Jul 10, 2020
—
Daune Lyman
Brian Doyle
Quit Claim Deed
related
—
May 24, 2019
—
Barbara J Mcloughlin
Joyce,margaret M
Personal Representative Deed
—
May 23, 2019
$157,525
Alfred Costantino
Bucci,alfred W & Patricia A
Grant Deed
—
May 17, 2019
—
Lisa A Manning
Manning,richard J & Lisa A
Quit Claim Deed
related
—
May 1, 2019
$150,000
Lisa Williams
Hovey,james & Elaine
Grant Deed
—
Aug 12, 2014
$50,000
Richard P Murphy
Murphy,richard P & Tracey A
Warranty Deed
related
—
Aug 4, 2009
—
Matunuck Beach Prop INC
—
Deed Of Trust
related
$1,660,000 · Washington Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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