Technical
Financial
Distress signals
Property profile

38 Bellevue Ave X Newport, RI 02840

OFF-MARKET
Office Spaces
Property ID
US76-0055778
113 SF Built 1900
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1900
Construction FRAME
Total area 113 SF
Zoning code GB
APN NEWP M:025 B:0062 L:X
UPID US76-0055778

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
  • Film Production Television Studio
  • Law Firm
  • Financial Advisor
  • Insurance Agency
  • Psychotherapist

Location

38 Bellevue Ave, Unit X Newport, RI 02840-3496
Newport metro Census 40700 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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
1 recorded transaction
2023
$700,000

Zoning & alternative use

GB · Newport, RI
Zoning description

R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limited Business District LB Waterfront Business District WB General Business District G…

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
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