Technical
Financial
Distress signals
Property profile

41 Pelham St Newport, RI 02840

OFF-MARKET
Showrooms
Property ID
US76-0413811
4,137 SF 0.16 ac lot Built 1876
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1876
Construction FRAME
Total area 4,137 SF
Lot 0.16 ac (6,800 SF)
Zoning code GB
APN NEWP M:027 B:0008
UPID US76-0413811

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
  • Film Production Television Studio

Location

41 Pelham St Newport, RI 02840-3018
Newport metro Census 41000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$1.56M

Owner & transaction history

since 2023
Last sale
$7,200
7 recorded transactions
2024
Price N/A
2023
Price N/A
2005
$7,200
2004
Price N/A
2002
Price N/A
2001
$794,500
1996
$180,000

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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