Property profile

590 Davisville Rd North Kingstown, RI 02852

OFF-MARKET
Investment properties
Property ID
US76-0221547
2,550 SF 0.38 ac lot Built 1740
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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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

Location

590 Davisville Rd North Kingstown, RI 02852
North Kingstown metro Census 50103 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2025
Last sale
$169,900
3 recorded transactions
2025
Price N/A
2022
$169,900
1997
$65,000

Zoning & alternative use

GB · North Kingstown, RI
Zoning description

The general business district is created to provide areas for intensive commercial activities that primarily depend upon a great volume of vehicular traffic and serve the daily shopping needs of the community.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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