Property summary
This exceptional mixed-use property, located at 505 Old River Road in Lincoln, Rhode Island, presents a unique investment opportunity. The 1,260 square foot building, constructed in 1982, sits on a 0.37-acre lot (approximately 16,117 square feet) and offers convenient access to both Interstate 295 and Route 146, ensuring excellent visibility and accessibility. The property features a first-level commercial space, previously utilized as a produce retail outlet, offering a largely open floor… plan ideal for various business ventures. Above, a one-bedroom residential apartment provides additional income potential or owner-occupancy flexibility. A full walk-out basement provides ample storage and houses utilities, complemented by a half bath. Adding to the property's versatility is a 960-square-foot greenhouse, offering further expansion or rental possibilities. The property boasts adequate parking, a significant advantage in a high-traffic area. This adaptable building presents numerous possibilities for entrepreneurs and investors seeking a well-located, multi-functional property in a thriving Rhode Island community. The asking price is $399,900.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,260 SF
- Lot area
- 0.37 ac
- Year built
- 1982
- Stories
- 2
- APN
- LINC M:38 L:070.0 U:
- Zoning
- RS12
- Assessed value · 2024
- $210,900
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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