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Property profile & analytics
OFF-MARKET
Estimated value
$9,020,000
Showrooms
303 Vly Rd Middletown, RI 02842-7243
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US76-0376909
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
FRAME
Total area
80,934 SF
Lot
15.52 ac (676,051 SF)
Zoning code
R20A
APN
MIDD M:0108 B:00 L:3
UPID
US76-0376909
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
Current use
Occupant on record · Public records
-
Blenheim-Newport Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.61M
Comparable Approach
Comparable
$6.65M
Blend (final)
Blend
$9.02M
Owner & transaction history
Bsl Husky Blenheim Kre · 7 yrs held
Bsl Husky Blenheim Kre
since 2019
6 recorded transactions
Zoning & alternative use
R20A · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,660,000
6.5%
$12,605,000
7%
$11,705,000
Blend value · Realmo final
$9.02M
Range $8.12M – $9.92M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
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
$158,656
Tax year 2024
Assessed value
$12,223,100
Assessed 2024
Previous assessed
$10,339,700
+18.2% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,940,000
Assessed improvement
$9,283,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
99
Total area
80,934 SF
Lot
15.52 ac (676,051 SF)
Zoning code
R20A
APN
MIDD M:0108 B:00 L:3
UPID
US76-0376909
Jurisdiction
MIDDLETOWN
Zoning & alternative use
R20A · Middletown, RI
Zoning R20A · permitted uses
R20A · 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
1987
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
99
Lot
15.52 ac
Current owner
From public records · entity-resolved
Bsl Husky Blenheim Kre
Individual
Mailing address
9 W 57TH ST STE #4200, NEW YORK, NY 10019-2707
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
—
Boron Bsl Blenheim Newport
—
Deed
related
$1,931,250 · Shfi Debt Fund Di Bc
Jul 17, 2019
$6,670,000
Bsl Husky Blenheim Kre
303 Vly Rd Middletown
Quit Claim Deed
$436,483,000 · Berkeley Point Cap
Jan 11, 2017
—
303 Valley Rd Middltw LLC
—
Deed
related
$573,187,522 · Bx Operations Holding
Mar 29, 2011
$12,505,710
Valley Rd Middletgown 303
Benchmark Gpt Middletown
Grant Deed
—
Aug 23, 1999
$7,400,000
Benchmark Midd Senior
Blenehim Newport Assoc
Grant Deed
$6,938,000 · Zions First National Bank
—
—
303 Valley Rd Middltw LLC
—
Deed Of Trust
related
$573,187,522 · Bx Operations Holding
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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