Property profile

360 Kingstown Rd Narragansett, RI 02882

FOR SALE
Medical Office Space
Property ID
US76-0282140
Built 1987
Individually Owned 3-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

360 Kingstown Road in Narragansett, RI is a medical office building constructed in 1987 with a total building area of 25,222 square feet, situated on 2.6 acres across two lots. The property contains 14 individual units and is positioned at the Narragansett rotary, offering direct visibility and access from the main traffic intersection. It is located near South County beaches with convenient access to Route 1 and proximity to I-95. The building is currently configured for medical office use and can be reconfigured for other commercial layouts. Zoning is B-A (Business), where allowable uses include hotel, mixed-use retail, medical, and shopping center.

Property profile

Verified
Property type Medical Office Space
Year built 1987
UPID US76-0282140

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
  • Pediatrician Physician
  • Medical Clinic
  • Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

360 Kingstown Rd Narragansett, RI 02882
Narragansett metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2023
4 recorded transactions
2023
$375,000
2022
$85,000
2018
Price N/A
2017
$352,000

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?”
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