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    Property profile & analytics

    3841 Main Rd Tiverton, RI 02878-4843

    • Investment properties
    • 2,132 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Jul 21, 2022
    $625,000
    Location Intelligence
    Property ID
    US76-0387060
    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

    • Four Corners Grille / American Restaurant

    Property Details for 3841 Main Rd

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property size
    2,132 SF
    Zone code
    VC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    TIVE M:706 B:121
    APU
    TIVEM706B121

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $615,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $645,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $555,000
      Retail
      $635,000
      Mixed-Use
      $555,000
      Hospitality
      $670,000
      Educational
      $485,000
      Residential Income
      $630,000
      Energy
      $600,000
      Income-Based Land
      $535,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Tiverton
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.1883
    Latitude
    41.5723
    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
    2024
    $6,108
    $203,300
    $349,500
    $552,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,230 SF

      750 Ee Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,230 SF
      750 Ee Rd, Tiverton, RI 02878-3538
      View Details
    • Value Estimation by Request
      2,640 SF

      53 Muse Way, Unit 55

      OFFICE/RESIDENTIAL (MIXED USE) • 2,640 SF
      53 Muse Way, Tiverton, RI 02878-3227
      View Details
    • Value Estimation
      $185,000
      3,200 SF

      1560 Eagleville Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,200 SF
      1560 Eagleville Rd, Tiverton, RI 02878-3010
      View Details
    • Value Estimation by Request
      1.77 Acres

      423 Highland Rd, Unit 427

      OFFICE/RESIDENTIAL (MIXED USE) • 1.77 Acres
      423 Highland Rd, Tiverton, RI 02878-4626
      View Details
    • Value Estimation
      $295,000
      1.59 Acres

      11 Hurst Ln, Unit 23

      OFFICE/RESIDENTIAL (MIXED USE) • 1.59 Acres
      11 Hurst Ln, Tiverton, RI 02878-2311
      View Details
    • Value Estimation
      $405,000
      6,000 SF

      2080 Main Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,000 SF
      2080 Main Rd, Tiverton, RI 02878-4638
      View Details

    Similar Nearby for Sale

    • $1,400,000
      11,841 SF

      Main Rd Tiverton Mixed-Use Portfolio

      Three buildings, 13 units, high income potential.
      32 Main Rd, Tiverton, RI 02878
      View Details
    • $329,000
      1,080 SF

      Main Road Mixed-Use Opportunity

      Mixed-use property with business zoning in a highly visible location.
      898 Main Rd, Tiverton, RI 02878
      View Details
    • $649,000
      2,736 SF

      Mixed-Use Lot in Tiverton

      Mixed-use property with residential and commercial buildings in Tiverton, RI.
      894 Main Rd, Tiverton, RI 02878
      View Details
    • $1,100,000

      Mixed-Use Property with Redevelopment Potential

      Large mixed-use property with residential, commercial, and warehouse space.
      42 Main Rd, Tiverton, RI 02878
      View Details
    • $177,500
      Pending

      Residential Land in Tiverton, RI

      Unimproved land, ideal for building a dream home.
      Leger Ln, Tiverton, RI 02878
      View Details
    • $2,499,000
      15.00 Acres

      Tiverton Land Ready For Plans

      15-acre dividable land near beaches, hiking, and Newport.
      Main Rd, Tiverton, RI 02878
      View Details

    Similar Nearby for Lease

    • $60 SF/Yr
      150 SF

      Tiverton Office/Retail Space For Lease

      Prime Location, Ample Parking, All Utilities Included
      550 Main Rd, Tiverton, RI 02878
      View Details
    • Contact for pricing
      6,000 SF

      Newport County Office Space For Lease

      High-traffic corner lot, flexible space.
      80 Main Rd, Tiverton, RI 02878
      View Details
    • $12 SF/Yr
      20,000 SF

      Modern Tiverton Industrial Space

      New 2024 Manufacturing/Warehouse
      0 Progress Way, Tiverton, RI 02878
      View Details
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    3841 Main Rd
    Tiverton, RI 02878-4843
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    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
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