Property profile

515 Thames St Newport, RI 02840

OFF-MARKET
Investment properties
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Property ID
US76-0131554
2,728 SF 0.04 ac Built 1900
Last sale Aug 2022·$1,585,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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

What does the county charge?
Assessed value · 2023$632k
Assessed land$345k
Assessed improvement$286k

Value estimate

· Nov 2026
$1.57M
$1.41M – $1.72M
AI approach$1.60M
Submarket $/SF estimate$986k

Realmo valuation models over county records and 8 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 comparables8

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?
WB
100.070. - Commercial storage and sale of fuel or bottled gas. The manufacture, processing, assembly or storage of goods and the commerci...
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 Shop10.5
Auto Parts Store9.8
Pharmacy9.7

Location

515 Thames St Newport, RI 02840-6717
County assessor Recorded deeds · 5 transfers 8 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
41 Memorial, Newport, RI 02840-3637 $1,500,000 Nov 2023 2,376 SF
596 Thames, Newport, RI 02840-6708 $1,026,000 Nov 2022 2,417 SF
424 Thames, Newport, RI 02840-6757 $1,500,000 Jun 2022 2,696 SF
472 Thames, Newport, RI 02840-6728 $1,050,000 Mar 2022 2,860 SF
21-25 Spg, Newport, RI 02840-2927 $850,000 Sep 2021 2,890 SF
246 Thames, Newport, RI 02840-6613 $1,200,000 Mar 2021 2,906 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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