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Property profile & analytics
OFF-MARKET
Distribution centers

306 Oliphant Ln Middletown, RI 02842

Property ID
US76-0383023
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 Distribution centers
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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