Technical
Financial
Distress signals
Property profile

312 Broadway 318 Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0216622
11,087 SF 0.24 ac lot Built 1900
Trust Owned 7-yr Hold Absentee Owner
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 11,087 SF
Lot 0.24 ac (10,537 SF)
Zoning code LB
APN NEWP M:014 B:0152
UPID US76-0216622

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Recording Studio

Location

312 Broadway, Unit 318 Newport, RI 02840-2678
Newport metro Census 40600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$888k
Blend (final) Blend
$1.22M

Owner & transaction history

since 2018
4 recorded transactions
2018
Price N/A
2016
$800,000
2005
$700,000
2002
$560,000

Zoning & alternative use

LB · Newport, RI
Zoning description

-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 Residential R-160 District R-160 B. Commercial Districts Code Limited Business District…

General category COMMERCIAL

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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