New search
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
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
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, RI
Zoning 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
South Kingstown. Always verify with local authorities before improvements.
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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