Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

383 Metacom Ave Bristol, RI 02809

FOR SALE
Showrooms
Property ID
US76-0144109
23,302 SF 1.21 ac lot Built 1988
Last sale Jan 2013 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This property in Bristol, Rhode Island is centered around a 23,000-square-foot building on a 1.21-acre parcel and has historically operated as a dining restaurant with seating for approximately 150. The building includes multiple banquet rooms with combined capacity up to about 470 and is supported by parking for more than 100 vehicles. The site is positioned for continued restaurant use or redevelopment, with conceptual plans indicating a potential mixed-use configuration that could include…

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?
$28k
Tax billed · 2023
Assessed value$2.10M
Assessed land$297k
Assessed improvement$1.80M
Effective rate1.34%

Value estimate

· Oct 2026
$2.67M
$2.40M – $2.94M
Submarket $/SF estimate$3.03M
NOI build-up
Gross scheduled income$566k
Vacancy & credit loss−$45k
Operating expenses−$195k
NOI · 10.01% cap applied$325k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?
10.01%
$325k 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?
M
M Zone Manufacturing. This zone is intended for general industrial uses that accommodate a variety of manufacturing, assembly, storage of...
General categoryINDUSTRIAL
JurisdictionBRISTOL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.3
Dental Office26.3
Building Supply25.8

Location

383 Metacom Ave Bristol, RI 02809
County assessor Recorded deeds · 4 transfers 6 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
75 Tupelo, Bristol, RI 02809-2842 $322,500 Jun 2025 7,200 SF
367 Metacom, Bristol, RI 02809-8522 $1,500,000 May 2025 9,200 SF
1 Dawn, Bristol, RI 02809-3903 $7,500,000 Jan 2025 61,332 SF
495 Hope, Bristol, RI 02809-1848 $1,050,000 Oct 2023 8,221 SF
605 Metacom, Bristol, RI 02809-5131 $15,255,241 Aug 2023 63,730 SF
245 Franklin, Bristol, RI 02809-3338 $725,000 Jul 2022 6,600 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
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
Why this one?
Saved
Reason not saved — we won't ask again