Financial
Distress signals
Property profile

261 Post Rd Westerly, RI 02891

FOR SALE
Commercial land
Property ID
US76-0286555
0.45 ac lot
Last sale Apr 2024 · $182,250
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two adjacent lots totaling 0.92 acres in the Dunn's Corners area, providing over 200 feet of frontage on Route 1. It is positioned along an active commercial corridor and is within close proximity to retail, dining, and service uses, including nearby establishments such as Walmart, South County Medical Center, and a Mobil station. The site is located less than two miles from the beach. The property has been taken down to the studs, leaving the interior substantially…

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.

Mortgages

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?
$3k
Tax billed · 2024
Assessed value$280k
Assessed land$280k
Effective rate0.98%

Value estimate

· Sep 2026
$180k
$162k – $198k
AI approach$180k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$92 – $356

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWESTERLY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.9
Law Firm13.9
Auto Repair Shop13.7

Location

261 Post Rd Westerly, RI 02891
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
138 Oak, Westerly, RI 02891-1715 $92,500 Jul 2024 No data
51 Main, Westerly, RI 02891 $533,750 Jun 2024 No data
177 Main, Westerly, RI 02891-2112 $183,000 Jul 2023 No data
84 Bch, Westerly, RI 02891-2718 $175,000 Feb 2022 No data
4 Crosswind, Westerly, RI 02891-3679 $215,000 Oct 2019 No data
64 High, Westerly, RI 02891-1854 $300,000 Sep 2019 No data
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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