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Financial
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Property profile

47 Vly Rd Middletown, RI 02842

OFF-MARKET
Commercial real estate
Property ID
US76-0297055
5,300 SF 0.24 ac lot Built 2003
Last sale Jan 2025 · $280,999
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial land parcel, priced at $297,000, presents a unique investment opportunity in the thriving Middletown, Rhode Island market. Located at 47 Valley Road, this vacant land condominium enjoys a strategic position between East and West Main Road, ensuring high traffic visibility and easy accessibility. The property's LB-A zoning designation opens doors to a wide range of commercial development possibilities, including retail spaces, office buildings, or other suitable…

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 · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$901k
Assessed land$440k
Assessed improvement$461k
Effective rate1.30%

Value estimate

· Oct 2026
$665k
$599k – $732k
CAP approach$825k
Submarket $/SF estimate$490k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$189 – $349
Qualifying comparables6

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.0
Electrical Service12.1
Clothing Store11.9

Location

47 Vly Rd Middletown, RI 02842-6353
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
963 Aquidneck, Middletown, RI 02842-7202 $270,000 Feb 2026 4,355 SF
345 Vly, Middletown, RI 02842-5270 $1,800,000 Feb 2026 6,577 SF
15 Aquidneck, Middletown, RI 02842-5685 $28,820 Jun 2025 5,964 SF
150 Aquidneck, Middletown, RI 02842-5610 $3,500,000 Aug 2024 5,228 SF
190 Main, Middletown, RI 02842-4987 $1,280,000 Sep 2023 3,819 SF
94 Aquidneck, Middletown, RI 02842-5610 $4,640,075 May 2023 3,507 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
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