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Property profile & analytics
OFF-MARKET
Investment properties
275 Main Rd, Middletown, RI 02842-6308
Individually Owned
21-yr Hold
Property ID
US76-0321142
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1967
Total area
1,386 SF
Lot
0.21 ac (9,148 SF)
Zoning code
OBA
APN
MIDD M:0108 B:NW L:273
UPID
US76-0321142
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
by Request
Owner & transaction history
Huynh Nhu Le · 21 yrs held
Huynh Nhu Le
since 2005
7 recorded transactions
Zoning & alternative use
OBA · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
Assessed value
$509,200
Assessed 2024
Previous assessed
$304,400
+67.3% YoY
Assessed land
$194,200
Assessed improvement
$315,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1967
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
9
Bathrooms
3
Total area
1,386 SF
Lot
0.21 ac (9,148 SF)
Zoning code
OBA
APN
MIDD M:0108 B:NW L:273
UPID
US76-0321142
Jurisdiction
MIDDLETOWN
Zoning & alternative use
OBA · Middletown, RI
Zoning OBA · permitted uses
OBA · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
9
Bathrooms
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
Huynh Nhu Le
Individual
Mailing address
275 W MAIN RD, MIDDLETOWN, RI 02842-6308
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2012
—
Huynh N Le
—
Deed Of Trust
related
$222,975 · Quicken Loans INC
Jan 13, 2005
$290,000
Huynh Nhu Le
Mcgann,patricia
Grant Deed
$232,000 · Robert J Dean SR
Mar 5, 2004
—
Patricia Mcgawn
—
Deed Of Trust
related
$282,400 · Ameriquest Mortgage Corp
Sep 26, 2003
—
Patricia Mcgann
—
Deed Of Trust
related
$225,000 · Ri State Emp FCU
Apr 9, 2002
—
Patricia J Mcgann
—
Deed Of Trust
related
$185,000 · Sovereign Bank
Apr 20, 2001
—
Patricia J Mcgann
—
Deed Of Trust
related
$140,000 · Citizens Bank Of Ri
May 31, 2000
—
Patricia J Mcgann
—
Deed Of Trust
related
$100,000 · Citizens Bank Of Ri
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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