Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

449 Thames St Newport, RI 02840

OFF-MARKET
Showrooms
Property ID
US76-0200158
28,190 SF 1.46 ac lot Built 1910
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 1,500 square foot office space is available for immediate lease at 449 Thames Street in Newport, Rhode Island. Located within the International Yacht Restoration School (IYRS) building, this traditional office space offers a desirable open-concept layout, perfect for a variety of businesses. The space boasts beautiful, well-maintained hardwood floors throughout. The building, constructed in 1910, provides a unique blend of historical charm and modern functionality. This…

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 · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$2.86M
Assessed improvement$2.86M
Effective rate1.49%

Value estimate

· Oct 2026
$2.98M
$2.68M – $3.27M
Submarket $/SF estimate$2.12M

Realmo valuation models over county records and 4 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 comparables4

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?
WB
100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commerci...
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 Shop11.0
Auto Parts Store10.1
Carpet & Flooring Store9.1

Location

449 Thames St Newport, RI 02840-6751
County assessor Recorded deeds · not on file 4 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
398 Bellevue, Newport, RI 02840-6955 $13,610,254 Feb 2026 39,398 SF
100 Church, Newport, RI 02840 $94,875,000 Jan 2025 7,366 SF
102 Connell, Newport, RI 02840-1314 $900,000 Jan 2025 8,522 SF
41 Mary, Newport, RI 02840-3027 $15,000,000 Jan 2025 35,095 SF
240-244 Thames, Newport, RI 02840-6613 $4,250,000 Dec 2024 9,974 SF
50 Memorial, Newport, RI 02840-3636 $2,050,000 Nov 2023 16,298 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
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 449 Thames St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again