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Financial
Distress signals
Property profile

55 John Clarke Rd Middletown, RI 02842

OFF-MARKET
Showrooms
Property ID
US76-0130697
24,200 SF 2 ac lot Built 2022
Last sale Oct 2024 · $358,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,022-square-foot special purpose property in Middletown, RI (02842), zoned OP, is ideally suited for car storage. Boasting 25-foot ceilings and a spacious mezzanine with a new kitchenette and half-bathroom, this unit offers unparalleled luxury and functionality. The polyurea-coated floor provides superior protection and durability. Four total parking spaces are included, with ample space for vehicles within the unit itself. The property enjoys convenient access to…

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?
$37k
Tax billed · 2023
Assessed value$2.00M
Assessed land$261k
Assessed improvement$1.74M
Effective rate1.87%

Value estimate

· Oct 2026
$405k
$365k – $446k
AI approach$405k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$258/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$189 – $349
Qualifying comparables5

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?
OP
Office Park (OP). This district is established to provide a park-like setting for office uses, certain industrial uses, and miscellaneous...
General categoryINDUSTRIAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply29.1
Auto Repair Shop24.2
Restaurant24.0

Location

55 John Clarke Rd Middletown, RI 02842-5686
County assessor Recorded deeds · 34 transfers 5 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
75 Enterprise, Middletown, RI 02842-5269 $8,500,000 Jun 2025 74,148 SF
823 Main, Middletown, RI 02842-6402 $250,000 Nov 2024 14,250 SF
1359 Main, Middletown, RI 02842-6355 $4,500,000 Aug 2024 25,494 SF
72 Johnny Cake Hl, Middletown, RI 02842-5639 $4,625,000 Apr 2024 19,080 SF
310 Main, Middletown, RI 02842-6328 $3,010,000 Mar 2024 15,934 SF
120 Miantonomi, Middletown, RI 02842-5450 $2,250,000 Dec 2023 8,686 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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