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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Investment properties
323 Main St, South Kingstown, RI 02879-7403
Entity Owned
1-yr Hold
Property ID
US76-0030508
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.28 ac (12,197 SF)
Zoning code
CD
APN
SKIN P:057-4 L:000208
UPID
US76-0030508
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
323 Main St LLC · 1 yrs held
323 Main St LLC
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CD · South Kingstown, 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 South Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Kingstown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,260
Tax year 2024
Assessed value
$838,000
Assessed 2024
Previous assessed
$838,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$241,700
Assessed improvement
$596,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
1
Lot
0.28 ac (12,197 SF)
Zoning code
CD
APN
SKIN P:057-4 L:000208
UPID
US76-0030508
Jurisdiction
SOUTH KINGSTOWN
Zoning & alternative use
CD · South Kingstown, RI
Zoning CD · permitted uses
CD · South Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Kingstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
323 Main St LLC
Entity
Mailing address
PO BOX 98, PEACE DALE, RI 02883-0098
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2025
$1,300,000
323 Main St LLC
Wakefield Riverside Assoc
Warranty Deed
$2,000,000 · Enhanced Capital Ri Fun LLC
Jan 31, 2020
—
Wakefield Riverside Assoc
—
Deed
related
$540,000 · Com Mtg Depot Corp
Jun 11, 2018
$275,100
Contemporary Theater Co
Wakefield Riverside Assoc
Warranty Deed
—
Jun 20, 2016
—
Wakefield Riverside Assoc
—
Deed
related
$610,000 · Washington Tr Co
Jun 20, 2012
—
Wakefield Riverside Assoc
—
Deed Of Trust
related
$85,000 · Washington Trust Co
Sep 22, 2011
—
Wakefield Riverside Assoc
—
Deed Of Trust
related
$581,250 · Washington Trust Co
Jul 12, 2010
$515,000
Wakefield Riverside Assoc
River Walk Re Inv LLC
Warranty Deed
$340,000 · Domestic Bank
Sep 6, 2007
$430,000
River Walk Re Invests LLC
Taudvin,peter
Warranty Deed
$322,500 · Washington Trust Co
Mar 9, 2007
$1
Peter Taudvin
Poulsen Roy G Est
Grant Deed
related
—
—
—
Wakefield Riverside Assoc
—
Deed Of Trust
related
$540,000 · Com Mtg Depot Corp
—
—
Wakefield Riverside Assoc
—
Deed Of Trust
related
$610,000 · Washington Tr Co
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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