Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$315,000
Commercial real estate
392nd Gooseberry Rd South Kingstown, RI 02879-5946
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0178715
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.52 ac (22,651 SF)
Zoning code
CW
APN
SKIN P:088-1 L:000011
UPID
US76-0178715
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Jenny E Gordon · 1 yrs held
Jenny E Gordon
since 2024
7 recorded transactions
Zoning & alternative use
CW · South Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
0 0 0 0 0 0 4, 6, 8 ZONING DISTRICT CH All Other Permitted Principal Uses 20,000 100 30% 35 15 40 40 30 40 15 15 8 Gasoline Service Station, (minor repairs only) 20,000 150 25% 35 15 60 60 30 40 15 15 8 ZONING DISTRICT CW Marine Services, Repairs and Sales, including Marinas; Boat Yard, Small Boat Rental or Pier 40,000 100 25% 35 15 40 40 30 30 15 15 8 Comme…
Zone name
Commercial Waterfront
General category
COMMERCIAL
Zone area
46.25 ac
Source
Code of Ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Kingstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Kingstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$315k
Range $284k – $347k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,161
Tax year 2024
Assessed value
$1,372,000
Assessed 2024
Previous assessed
$1,372,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$818,200
Assessed improvement
$553,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Lot
0.52 ac (22,651 SF)
Zoning code
CW
APN
SKIN P:088-1 L:000011
UPID
US76-0178715
Jurisdiction
SOUTH KINGSTOWN
Zoning & alternative use
CW · South Kingstown, RIZoning CW · permitted uses
CW · South Kingstown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
0 0 0 0 0 0 4, 6, 8 ZONING DISTRICT CH All Other Permitted Principal Uses 20,000 100 30% 35 15 40 40 30 40 15 15 8 Gasoline Service Station, (minor repairs only) 20,000 150 25% 35 15 60 60 30 40 15 15 8 ZONING DISTRICT CW Marine Services, Repairs and Sales, including Marinas; Boat Yard, Small Boat Rental or Pier 40,000 100 25% 35 15 40 40 30 30 15 15 8 Commercial Beach, Bathhouse, Beach Club, Yacht Club and Parking Facilities 80,000 200
Zone name
Commercial Waterfront
General category
COMMERCIAL
Zone area
46.25 ac
Source
Code of Ordinances
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jenny E Gordon
Individual
Mailing address
69 GOOSEBERRY RDF, SOUTH KINGSTOWN, RI 02879-5933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2024
—
Jenny E Gordon
Gordon Deborah J Est
Deed
$100,000 · Gmv Hldg LLC
Jan 31, 2011
—
Deborah Jane Gordon
—
Deed Of Trust
related
$1,015,000 · Peoples Cu
Dec 18, 2006
—
Deborah Jane Gordon
—
Deed Of Trust
related
$920,000 · First Horizon Home Loan
Nov 3, 2004
—
Deborah Jane Gordon
—
Deed Of Trust
related
$825,000 · Washington Mutual Bank
May 29, 2003
—
Deborah Tane Gordon
—
Deed Of Trust
related
$780,000 · Diamond Funding Corp
Sep 10, 1996
—
Deborah J Gordon
—
Deed Of Trust
related
$35,000 · Citizens Mortgage INC
Jun 21, 1995
—
Deborah Jane Gordon
—
Deed Of Trust
related
$270,000 · Citizens Mortgage INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
You own 392nd Gooseberry Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
