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Property profile & analytics
OFF-MARKET Estimated value $540,000
Investment properties

462 Main Rd Tiverton, RI 02878-1316

3,878 SF 0.59 ac lot Built 1955
Individually Owned 13-yr Hold Free & Clear
Property ID
US76-0380900
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-established family-owned funeral home located at 462 Main Rd, Tiverton, RI. Established in 1984, this business enjoys a prominent corner lot position (0.59 acres) offering excellent visibility and high traffic exposure. The property boasts a substantial 25,744 square foot lot, providing ample space for current operations and potential expansion. The building is in move-in condition, eliminating the need for extensive renovations or repairs, allowing for immediate occupancy and revenue generation. This turnkey operation presents a rare chance to acquire a profitable and established business in a desirable location. The property's long-standing presence in the community and its prime location contribute to its significant value and potential for continued success. This is an ideal acquisition for an investor seeking a stable, established business with strong potential for growth and return on investment. The property is readily available for viewing, facilitating a swift and efficient transaction process. Serious inquiries are encouraged. Financial details are available upon request.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Construction FRAME
Total area 3,878 SF
Lot 0.59 ac (25,744 SF)
Zoning code GC
APN TIVE M:112 B:420
UPID US76-0380900
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
  • Pocasset Memorial Funeral Home Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$605k
Comparable Approach Comparable
$583k
Blend (final) Blend
$540k
Owner & transaction history
John J Massa · 13 yrs held
John J Massa
since 2013
1 recorded transaction
2013
$260,000
Zoning & alternative use
GC · Tiverton, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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