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Property profile

5 Woodruff Ave Narragansett, RI 02882

OFF-MARKET
Showrooms
Property ID
US76-0127474
2,940 SF 0.21 ac lot Built 1968
Last sale Sep 2026 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2,940-square-foot storefront building constructed in 1968, situated on a corner lot at the intersection of Woodruff Avenue and Pt. Judith Road in Narragansett. It is positioned within an established retail area and directly adjacent to a major retail plaza that includes tenants such as Stop and Shop, TJ Maxx, Citizens Bank, and West Marine. The building configuration supports retail use and is arranged for occupancy under month-to-month lease terms.

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?
$5k
Tax billed · 2023
Assessed value$427k
Assessed land$276k
Assessed improvement$151k
Effective rate1.26%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records and 44 qualifying comparable sales.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$154 – $307
Qualifying comparables44

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?
B-B
This zone is composed of certain land and structures used for the retailing of commodities and the furnishing of services dependent upon ...
General categoryCOMMERCIAL
JurisdictionNARRAGANSETT

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.1
Plumbing Service9.1
Furniture Store8.9

Location

5 Woodruff Ave Narragansett, RI 02882-3482
County assessor Recorded deeds · 2 transfers 44 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
140 Pt Judith, Narragansett, RI 02882-3477 $354,000 Jun 2025 2,953 SF
9 Walts, Narragansett, RI 02882-3438 $525,000 Nov 2022 2,400 SF
322 Pier, Narragansett, RI 02882-3539 $690,000 May 2021 3,200 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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