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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Investment properties

359 Wood St Bristol, RI 02809-2362

2,600 SF 0.21 ac lot Built 1956
Entity Owned 2-yr Hold Free & Clear
Property ID
US76-0044987
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1956
Total area 2,600 SF
Lot 0.21 ac (9,034 SF)
Zoning code R-6
APN BRIS M:18 L:52
UPID US76-0044987
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
Current use
Occupant on record · Public records
  • Mello's Shoe Services (Bike/Boat/Book/etc) Store
  • Van's Spa Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
$565k
Comparable Approach Comparable
$725k
Blend (final) Blend
$1.11M
Owner & transaction history
Olympus Realty LLC · 2 yrs held
Olympus Realty LLC
since 2023
Last sale
$923,100
1 recorded transaction
2023
$923,100
Zoning & alternative use
R-6 · Bristol, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This R-6 zone is intended for high density residential areas comprised of single household, two household, and multi-household structures with a minimum density of 6,000 square feet for the first dwelling unit and 4,000 square feet per additional dwelling unit where public sewer and public water are required. (2) Commercial zoning districts. Commercial zonin…

Zone name Residential 6000 Square Feet
General category RESIDENTIAL
Zone area 316.39 ac
Source Code of Ordinances
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