Property profile

306 Oliphant Ln Middletown, RI 02842

OFF-MARKET
Warehouses
Property ID
US76-0383023
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Property summary

AI-generated overview

This 850-square-foot commercial tradesmen unit is available for lease at the Oliphant Lane Tradesman Facility in Middletown, Rhode Island. Located on Aquidneck Island, this property offers exceptional convenience, situated almost equidistant between Newport and Portsmouth. The unit is situated on the first floor and includes an additional 216 square feet of space on the second floor, ideal for storage or office use. Two dedicated parking spaces are included with the lease. The property is part of a larger facility, and tenants requiring a dumpster must place it within their designated parking spaces. This type of tradesmen unit is highly sought after on Aquidneck Island, making this a rare opportunity for businesses seeking a well-located and functional space. The property is classified as industrial and is currently available as a single unit within a multi-tenant building in Newport County. The unit's central location provides easy access to both Newport and Portsmouth, offering significant advantages for businesses serving the Aquidneck Island community.

Property profile

Verified
Property type Warehouses
UPID US76-0383023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

306 Oliphant Ln Middletown, RI 02842
Middletown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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