Technical
Financial
Distress signals
Property profile

39 Touro St Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0121477
9,440 SF 0.2 ac lot Built 1850
Individually Owned 10-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Construction FRAME
Total area 9,440 SF
Lot 0.2 ac (8,673 SF)
Zoning code GB
APN NEWP M:024 B:0350
UPID US76-0121477

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
  • Hotel & Motel Resort
  • Corporate Office

Location

39 Touro St Newport, RI 02840-7119
Newport metro Census 41000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.47M
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.37M

Owner & transaction history

since 2016
5 recorded transactions
2023
Price N/A
2016
Price N/A
2016
Price N/A
2011
Price N/A
2007
Price N/A

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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