Financial
Distress signals
Property profile

300 Highpoint Ave Portsmouth, RI 02871

FOR LEASE
Industrial properties
Property ID
US76-0166645
36,440 SF 3.68 ac lot Built 1988
Last sale Sep 2021 · $295,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

300 High Point offers a unique blend of office and warehouse space, ideal for businesses seeking a flexible and efficient workspace. Located within the prestigious Portsmouth Business Park, this multi-tenant property boasts a total of 37,128 square feet. The building features a variety of office spaces currently available, ranging from 290 square feet to 2,032 square feet, providing options to suit businesses of all sizes. The second-floor office spaces are bright and airy, benefiting from

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$1.67M
Assessed land$628k
Assessed improvement$1.04M
Effective rate1.28%

Value estimate

· Sep 2026
$380k
$342k – $418k
NOI build-up
Gross scheduled income$597k
Vacancy & credit loss−$123k
Operating expenses−$118k
NOI · 1,807,689.57% cap applied$355k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,807,689.57%
$355k 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?
LI
The purpose of LI zone for a lesser level of noise, vibration, smoke, odor and other evidence of industrial activity
General categoryINDUSTRIAL
JurisdictionPORTSMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant14.4
Building Supply13.1
Auto Repair Shop12.0

Location

300 Highpoint Ave Portsmouth, RI 02871
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1678 Main Rd, Portsmouth, RI 02871-2400 $190,000 Apr 2025 699 SF
181 Boyds, Portsmouth, RI 02871-3244 $900,000 Oct 2024 N/A
1170 Main, Portsmouth, RI 02871-2309 $1,831,250 Nov 2019 N/A
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?”
More about this property
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