Property profile & analytics
55 John Clarke Rd Middletown, RI 02842-5686
- Showrooms
- 24,200 SF
- 2.00 lot acres
OFF-MARKET
Last Sale
Mar 20, 2024
Mar 20, 2024
$405,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0130697
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Oil Heat Institute of Rhode Island / Big Box & Wholesale Store
- International Crisis Management Conference / Association Or Organization
- Newport Car Vaults / Storage Facility / Parking Lot & Garage
- EyeciteMedia / Industrial Manufacturer / Production Facility
- Cleaning Zoom / (Bike/Boat/Book/etc) Store
Property Details for 55 John Clarke Rd
- Year built
- 2022
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.00 lot acres
- Property size
- 24,200 SF
- Zone code
- OP
- Property type
- Showrooms
- APN
- MIDD M:0115 B:00 L:33
- APU
- MIDDM0115B00L33
Description
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 Aquidneck Island. This single-tenant space features 100-amp power and is subject to a fixed two-year lease. Annual property taxes are $1.16 per square foot. Note: This space is not for residential or commercial use. This unique offering is perfect for the discerning automotive enthusiast seeking secure, high-end storage. The mezzanine area provides versatile space for an office, lounge, or other uses.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Newport
- State
- Rhode Island
- Longitude
- -71.2873
- Latitude
- 41.5019
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,437
$261,400
$1,740,600
$2,002,000
-
$0.00
$0.00
$0.00
