590 Davisville Rd, North Kingstown, RI 02852
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GB · North Kingstown, RINorth Kingstown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.