Property profile

41 Memorial Blvd Newport, RI 02840

OFF-MARKET
Investment properties
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Property ID
US76-0141036
2,376 SF 0.15 ac Built 1890
Last sale Nov 2023·$1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
Market Trends Soon

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

What does the county charge?
Assessed value · 2023$688k
Assessed land$400k
Assessed improvement$288k

Value estimate

· Nov 2026
$1.15M
$1.04M – $1.27M
AI approach$1.25M
Submarket $/SF estimate$1.07M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$362/SF
ZIP average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$167 – $560
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limit...
General categoryCOMMERCIAL
JurisdictionNEWPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.4
Auto Parts Store10.9
Daycare Center10.2

Location

41 Memorial Blvd Newport, RI 02840-3637
County assessor Recorded deeds · 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
596 Thames, Newport, RI 02840-6708 $1,026,000 Nov 2022 2,417 SF
515 Thames, Newport, RI 02840-6717 $1,585,000 Aug 2022 2,728 SF
424 Thames, Newport, RI 02840-6757 $1,500,000 Jun 2022 2,696 SF
472 Thames, Newport, RI 02840-6728 $1,050,000 Mar 2022 2,860 SF
464-466 Thames, Newport, RI 02840-6728 $970,000 Dec 2021 2,178 SF
21-25 Spg, Newport, RI 02840-2927 $850,000 Sep 2021 2,890 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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