$2,200,000 10,638 SF

39 Greenville Ave, Johnston, RI 02919
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This strip center consists of two buildings situated on a 0.5-acre site and includes a diversified unit mix comprising 4 residential units, 5–6 retail units, and 3 commercial/warehouse units. The site is configured to allow subdivision for additional rental spaces, providing flexibility to expand future leasing capacity. The property is located at a busy intersection in Johnston and provides convenient access to the highway system. It features on-site parking for more than 20 vehicles and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$31k

Tax billed · 2023

Assessed value · 2024$1.12M

Assessed land$148k

Assessed improvement$975k

Effective rate2.74%

Value estimate

· Oct 2026

$1.85M

$1.67M – $2.04M

AI approach$1.79M

CAP approach$1.94M

Submarket $/SF estimate$1.79M

NOI build-up

Gross scheduled income$353k

Vacancy & credit loss−$21k

Operating expenses−$150k

NOI · 8.31% cap applied$183k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$171/SF

ZIP average, outlier-cleaned · 71 recorded sales of this use type

Observed band · Q1–Q3$70 – $280

Qualifying comparables5

Cap rate analysis

How does the asset earn?

8.31%

$183k 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?

JurisdictionJOHNSTON

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 agency20.6

Law Firm18.9

Building Supply13.1

39 Greenville Ave Johnston, RI 02919

County assessor Recorded deeds · 5 transfers 5 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 · 6 properties nearby

Address Sale price Sold Size

1347 Plainfield, Johnston, RI 02919-6830 $250,000 Dec 2023 4,935 SF

90 Ml, Johnston, RI 02919-6293 $65,000 Jun 2023 2,916 SF

670 Killingly, Johnston, RI 02919-3929 $400,000 Apr 2023 3,770 SF

190 Putnam, Johnston, RI 02919-7516 $1,100,000 Apr 2022 8,000 SF

1770 Atwood, Johnston, RI 02919-3215 $255,000 Mar 2021 2,803 SF

1359 Plainfield, Johnston, RI 02919-6820 $88,000 Dec 2020 6,740 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

Value Estimation
$115,000

6,740 SF

1359 Plainfield St

OFFICE/RESIDENTIAL (MIXED USE)

1359 Plainfield St, Johnston, RI 02919-6820

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Value Estimation
$300,000

4,935 SF

1347 Plainfield St

OFFICE/RESIDENTIAL (MIXED USE)

1347 Plainfield St, Johnston, RI 02919-6830

View Details
Value Estimation
$580,000

3,845 SF

92 Greenville Ave

OFFICE/RESIDENTIAL (MIXED USE)

92 Greenville Ave, Johnston, RI 02919-4228

View Details
Value Estimation
$595,000

3,706 SF

478 George Waterman Rd

OFFICE/RESIDENTIAL (MIXED USE)

478 George Waterman Rd, Johnston, RI 02919-2139

View Details
Value Estimation
$445,000

3,338 SF

1229 Plainfield St

OFFICE/RESIDENTIAL (MIXED USE)

1229 Plainfield St, Johnston, RI 02919-6922

View Details
Value Estimation
$395,000

2,861 SF

1227 Plainfield St

OFFICE/RESIDENTIAL (MIXED USE)

1227 Plainfield St, Johnston, RI 02919-6938

View Details