Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    372 Broadway Newport, RI 02840-1777

    • Investment properties
    • 6,103 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 28, 2023
    Location Intelligence
    Property ID
    US76-0126149
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 372 Broadway

    Year built
    1870
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    6,103 SF
    Zone code
    R10
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWP M:007 B:0035
    APU
    NEWPM007B0035

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.3065
    Latitude
    41.5002
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $125,000
    $906,500
    $1,031,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,506 SF

      22 Bellevue Ave, Unit 30

      OFFICE/RESIDENTIAL (MIXED USE) • 7,506 SF
      22 Bellevue Ave, Newport, RI 02840-3206
      View Details
    • Value Estimation by Request
      6,073 SF

      306-310 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 6,073 SF
      306-310 Broadway, Newport, RI 02840
      View Details
    • Value Estimation by Request
      1,976 SF

      113 Memorial W Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,976 SF
      113 Memorial W Blvd, Newport, RI 02840-3461
      View Details
    • Value Estimation by Request
      7,826 SF

      465 Spg St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,826 SF
      465 Spg St, Newport, RI 02840-6829
      View Details
    • Value Estimation by Request
      2,099 SF

      204 Thames St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,099 SF
      204 Thames St, Newport, RI 02840-6616
      View Details
    • Value Estimation by Request
      6,668 SF

      475 12th Thames St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,668 SF
      475 12th Thames St, Newport, RI 02840-6719
      View Details

    Similar Nearby for Sale

    • $1,950,000
      2,930 SF

      Mixed-Use Property in Desirable Location

      Updated multi-family property with commercial potential in downtown Newport.
      604 Dixon St, Newport, RI 02840
      View Details
    • $2,200,000
      6,330 SF

      Historic Mixed-Use Building in Newport

      Classic Newport building with retail and residential units in downtown.
      130 Spring St, Newport, RI 02840
      View Details
    • $3,250,000
      4,800 SF

      Renovated Mixed-Use Building, Newport

      High-visibility, renovated mixed-use building with income potential in Newport.
      491 Thames St, Newport, RI 02840
      View Details
    • $1,800,000
      4,352 SF

      Newport Commercial Property with Apartment

      Unique commercial property with retail space and finished apartment.
      283 Broadway Ave, Newport, RI 02840
      View Details
    • $1,800,000
      5,312 SF

      Newport Multifamily Property with Income Potential

      Two-family home near Bellevue Ave and Broadway district, Newport, RI.
      1 Pell St, Newport, RI 02840
      View Details
    • $1,400,000
      2,313 SF

      Newport Multifamily with Converted Barn

      Two-unit residence with converted barn in historic Newport neighborhood.
      74 3Rd St, Newport, RI 02840
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      12,000 SF

      Newport Warehouse Space For Lease

      12,000 SF Industrial Warehouse Space
      181 Bellevue Ave, Newport, RI 02840
      View Details
    • $34 SF/Yr
      1,000 SF

      Travers Block Office Suites in Newport

      Historic Newport Office Space Available
      174 Bellevue Ave, Newport, RI 02840
      View Details
    • Contact for pricing
      4,270 SF

      Office Space in Newport

      Office space available for rent in Newport, Rhode Island.
      320 Thames St, Newport, RI 02840
      View Details
    • $58 SF/Yr
      348 SF

      Newport Shipyard Office Suites

      Prime Newport Office Space Available
      1 Washington St, Newport, RI 02840
      View Details
    • $16 SF/Yr
      10,850 SF

      Newport Office Space for Lease

      Prime Downtown Newport Location, Flexible Suites Available
      28 Pelham St, Newport, RI 02840
      View Details
    • $16 SF/Yr
      3,490 SF

      Newport Commercial Space For Lease

      Prime Newport location, 3,490 sq ft office/retail
      76 Broadway, Newport, RI 02840
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    372 Broadway
    Newport, RI 02840-1777
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.