Technical
Financial
Distress signals
Property profile

425 Thames St Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0166193
2,173 SF 0.05 ac lot Built 1870
Individually Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1870
Construction FRAME
Total area 2,173 SF
Lot 0.05 ac (2,361 SF)
Zoning code WB
APN NEWP M:032 B:0021
UPID US76-0166193

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

425 Thames St Newport, RI 02840-6722
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
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2017
3 recorded transactions
2017
$550,000
2001
Price N/A
1999
$205,000

Zoning & alternative use

WB · Newport, RI
Zoning description

100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commercial storage of fuel or bottled gas, when located in a waterfront business district (…

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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