Property profile

5 Memorial Blvd Newport, RI 02840

OFF-MARKET
Investment properties
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Property ID
US76-0218989
9,206 SF 0.53 ac Built 1900
Last sale Nov 2015·$1,000,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years.
Market Trends Soon

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 · 2017

What does the county charge?
$25k
Tax billed · 2017
Assessed value · 2023$1.98M
Assessed land$566k
Assessed improvement$1.42M
Effective rate1.26%

Value estimate

· Nov 2026
$1.64M
$1.47M – $1.80M
CAP approach$1.44M
Submarket $/SF estimate$1.47M

Realmo valuation models over county records and 32 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 comparables32

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?
GB
R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limit...
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 Shop14.1
Auto Parts Store12.8
Pharmacy11.0

Location

5 Memorial Blvd Newport, RI 02840-3540
County assessor Recorded deeds · 6 transfers 32 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
527 Thames, Newport, RI 02840-6710 $2,700,000 Jan 2026 5,255 SF
372 Thames, Newport, RI 02840-6625 $3,800,000 Jan 2025 12,132 SF
140-144 Broadway, Newport, RI 02840 $2,625,000 Sep 2024 7,102 SF
138-142 Thames, Newport, RI 02840-6629 $9,750,000 Jul 2024 16,755 SF
39 12th Memorial W, Newport, RI 02840 $1,100,000 Feb 2023 5,052 SF
20-24 Broadway, Newport, RI 02840 $1,200,000 Sep 2021 6,204 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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