Property profile

300 Coddington Hwy Middletown, RI 02842

FOR SALE
Commercial land
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Property ID
US76-0341922
3.84 ac
Last sale Mar 2013·$1
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Unit 108 at Coddington Cove Commons is a commercial storage and business complex unit located at 300 Coddington Highway in Middletown, Rhode Island, within close access to the Middletown Corporate and Industrial Parks and regional employment and amenities including the Newport Pell Bridge, Naval Station Newport, and NUWC. The unit is configured with two 14’ x 14’ overhead garage doors and a separate private entry door, providing vehicular and pedestrian access. The interior layout is flexible…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$906k
Assessed land$906k
Effective rate1.30%

Value estimate

· Nov 2026
$350k
$315k – $385k
AI approach$350k
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$511
Operating expenses−$4k
NOI · 1.77% cap applied$7k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$362/SF
ZIP average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$167 – $560

Cap rate analysis

How does the asset earn?
1.77%
$7k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LB
-20 Residential R-40 District R-40 Residential R-40A District R-40A Residential R-60 District R-60 Residential R-120 District R-120 Resid...
General categoryCOMMERCIAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.0
Hair Salon12.1
Electrical Service10.7

Location

300 Coddington Hwy Middletown, RI 02842
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

9 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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