Technical
Financial
Distress signals
Property profile

359 Thames St Ste C Newport, RI 02840

OFF-MARKET
Office Spaces
Property ID
US76-0199593
1,749 SF Built 1984
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1984
Construction FRAME
Total area 1,749 SF
Zoning code WB
APN NEWP M:027 B:0158 L:UCDE
UPID US76-0199593

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
  • Cafe & Coffee Shop
  • Hotel & Motel Resort
  • Bakery Specialty Food Shop
  • Church
  • Grocery & Convenience Store Specialty Food Shop

Location

359 Thames St Ste C Newport, RI 02840-6638
Newport metro Census 41000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
1969
Price N/A

Zoning & alternative use

WB · Newport, RI
Zoning description

100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commercial storage of fuel or bottled gas, when located in a waterfront 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
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?”
You own 359 Thames St Ste C?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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