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Financial
Distress signals
Property profile

382 Thames St Bristol, RI 02809

FOR SALE
Showrooms
Property ID
US76-0115920
3,996 SF 0.33 ac lot Built 2014
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A free-standing commercial building located in Bristol’s Waterfront District, comprising three separate units: two restaurant spaces that have been used as independent restaurant premises under long-term NNN-style lease arrangements, and a third warehouse-type unit historically occupied by the owner and configured for leasing with more than 2,500 square feet of space. The building provides separate utilities for its units, includes off-street parking, and offers convenient access for vehicles,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$744k
Assessed land$259k
Assessed improvement$485k
Effective rate1.34%

Value estimate

· Oct 2026
$855k
$770k – $941k
CAP approach$870k
Submarket $/SF estimate$1.08M
NOI build-up
Gross scheduled income$160k
Vacancy & credit loss−$6k
Operating expenses−$39k
NOI · 8.29% cap applied$116k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$191/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$105 – $279
Qualifying comparables19

Cap rate analysis

How does the asset earn?
8.29%
$116k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
W
W Zone Waterfront. This zone is intended for mixed use residential, commercial, and limited industrial use along the downtown waterfront ...
General categoryMIXED_USE
JurisdictionBRISTOL

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.8
Garden Center8.9
Dry Cleaner8.8

Location

382 Thames St Bristol, RI 02809
County assessor Recorded deeds · 1 transfer 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
192 Wood, Bristol, RI 02809-3127 $1,000,000 Jun 2025 3,758 SF
156 Bay Vw, Bristol, RI 02809-3838 $716,150 May 2024 5,600 SF
9 Ct, Bristol, RI 02809-2207 $775,000 Mar 2023 3,468 SF
588 Wood, Bristol, RI 02809-2314 $200,000 Oct 2022 3,150 SF
195 Franklin, Bristol, RI 02809-3325 $599,900 May 2022 2,880 SF
1 Peter, Bristol, RI 02809-2621 $405,000 Feb 2022 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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