Financial
Distress signals
Property profile

642-644 Thames St 644 Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0094997
6,182 SF 0.16 ac lot Built 1985
Last sale Sep 2016 · $997,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

Assessed value$1.06M
Assessed land$332k
Assessed improvement$726k
Value estimate · Sep 2026
$930k
$837k – $1.02M
CAP approach$965k
Sales comparison$782k

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?

$362/SF
ZIP average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$167 – $560
Qualifying comparables32
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?

LB
-20 Residential R-40 District R-40 Residential R-40A District R-40A Residential R-60 District R-60 Residential R-120 District R-120 Resid...
General categoryCOMMERCIAL
JurisdictionNEWPORT
Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.0
Hair Salon11.3
Food Market10.3

Location

642-644 Thames St, Unit 644 Newport, RI 02840-6740
County assessor Recorded deeds · 3 transfers 32 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 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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