Property profile

523-525 Thames St 525 Newport, RI 02840

OFF-MARKET
Investment properties
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Property ID
US76-0225690
3,366 SF 0.06 ac Built 1899
Last sale Jan 2008·$735,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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$891k
Assessed land$358k
Assessed improvement$532k

Value estimate

· Nov 2026
$715k
$644k – $787k
CAP approach$525k
Submarket $/SF estimate$658k

Realmo valuation models over county records and 9 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 comparables9

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

523-525 Thames St, Unit 525 Newport, RI 02840-6717
County assessor Recorded deeds · 3 transfers 9 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
435 Thames, Newport, RI 02840-6753 $595,000 May 2025 3,297 SF
10 Franklin, Newport, RI 02840-3013 $2,900,000 Mar 2024 3,522 SF
122 Touro, Newport, RI 02840-2967 $2,500,000 Jun 2023 3,237 SF
7 Broadway, Newport, RI 02840-2936 $560,000 Mar 2023 3,559 SF
114 Touro, Newport, RI 02840-2967 $1,250,000 Feb 2023 3,358 SF
43 Franklin, Newport, RI 02840-5603 $156,250 May 2021 3,527 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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Includes: Price & PSF · Cap rate · Location · Zoning

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