Financial
Distress signals
Property profile

320 Phillips St North Kingstown, RI 02852

FOR SALE
Other office properties
Property ID
US76-0139809
1,122 SF Built 1988
Last sale Mar 2026 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A second-floor office suite located in Wickford on Phillips Street, just off Tower Hill Road at a busy intersection. The suite is approximately 1,000 square feet and is configured for medical, dental, or other professional uses, featuring four private offices, a reception area, a waiting room, and two additional workspaces that include sinks and storage. The interior layout supports separation between client-facing areas and staff work areas. The building provides ample parking and includes

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 · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$121k
Assessed improvement$121k
Effective rate1.63%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$17k
Operating expenses−$14k
NOI · 8.29% cap applied$41k

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

Recently sold

What actually traded nearby?
$175/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$136 – $221
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.29%
$41k 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?
GB
The general business district is created to provide areas for intensive commercial activities that primarily depend upon a great volume o...
General categoryCOMMERCIAL
JurisdictionNORTH KINGSTOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.7
HVAC Service9.7
Electrical Service9.4

Location

320 Phillips St North Kingstown, RI 02852
County assessor Recorded deeds · 11 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Main, North Kingstown, RI 02852-5016 $172,000 May 2025 965 SF
18 Main, North Kingstown, RI 02852 $175,000 Dec 2020 798 SF
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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message