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Property profile & analytics
FOR SALE
Commercial real estate

423 Hope St 21U Bristol, RI 02809

1,526 SF Built 1880
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US76-0275173
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1880
Total area 1,526 SF
Zoning code D
APN BRIS M:10 L:3-021
UPID US76-0275173
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
Current use
Occupant on record · Public records
  • RE/MAX River's Edge Real Estate Agency
  • Belvedere at Bristol Condominium Complex
  • Bristol Art Gallery Art Gallery
  • Kyle Walker, REALTOR Real Estate Agency
  • Jordan Ross, Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
$330k
Comparable Approach Comparable
$426k
Blend (final) Blend
$545k
Owner & transaction history
Nat Properties LLC · 3 yrs held
Nat Properties LLC
since 2023
Last sale
$575,000
1 recorded transaction
2023
$575,000
Zoning & alternative use
D · Bristol, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

D Zone Downtown. This zoning district is intended for the preservation of downtown commercial areas. MMU Zone Metacom mixed use. This zoning district is intended for designating key areas along the Metacom Avenue (Rt. 136) corridor for focused development or redevelopment in dense mixed-use zones to help create a sense of place and order and encourage the ex…

Zone name Downtown
General category COMMERCIAL
Zone area 14.60 ac
Source Code of Ordinances
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