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    Investment properties

    590 Davisville Rd, North Kingstown, RI 02852

    2,550 SF 0.38 ac lot Built 1740
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US76-0221547
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 590 Davisville Road, North Kingstown, RI 02852 presents a unique investment opportunity. Situated on a substantial 23,097 square foot lot, this 1740-built property features two units within a single building and offers significant potential for various uses. The existing structure boasts approximately 2,550 square feet of usable space with an open floor plan, allowing for flexible configuration to suit diverse business needs. The property's versatility is further enhanced by the possibility of attic expansion, providing additional square footage for development. Imagine utilizing the lower level for commercial purposes and the upper level for residential rental income, or converting the entire space for either commercial or residential use – the choice is entirely yours. The property benefits from ample parking and excellent visibility, ensuring high traffic and accessibility. This "as-is" sale offers a chance to capitalize on the property's potential with no disclosures provided. The property is located in Washington County, Rhode Island, and offers a compelling blend of historical charm and modern development potential. This is an ideal opportunity for investors and developers seeking a versatile property in a desirable location.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1740
    Construction FRAME
    Total area 2,550 SF
    Lot 0.38 ac (16,550 SF)
    Zoning code GB
    APN NKIN M:151 B:123
    UPID US76-0221547
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Turning Stone Realty LLC · 1 yrs held
    Turning Stone Realty LLC
    since 2025
    Last sale
    $169,900
    3 recorded transactions
    2025
    2022
    $169,900
    1997
    $65,000
    Zoning & alternative use
    GB · North Kingstown, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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