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Property profile & analytics

653 Killingly St Johnston, RI 02919

  • Showrooms
  • 1,540 SF
  • 0.22 lot acres
Value Estimations
Cap Rate Potential
6.3%
Showrooms
Location Intelligence
Property ID
US76-0354233
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

  • Showrooms

Property Details for 653 Killingly St

Year built
2003
Construction
FRAME
Lot size
0.22 lot acres
Property size
1,540 SF
Zone code
B2
Property type
Showrooms
APN
JOHN M:0014 L:066
APU
JOHNM0014L066

Description

This exceptional mixed-use building, constructed in 2003, presents a compelling investment opportunity in Johnston, Rhode Island. Situated on a highly visible 0.22-acre corner lot on Killingly Street, this property enjoys excellent proximity to major roadways, Routes 6 and 295, ensuring high traffic volume and prominent exposure for your businesses. The building features two ground-floor retail spaces, each equipped with its own signage, and a second-floor residential unit. All three units benefit from separate gas and electric utilities, minimizing operational complexities and maximizing efficiency. The building boasts ample wrap-around parking, a significant advantage for both tenants and customers. Low-maintenance siding and underground utilities further contribute to reduced upkeep costs. The property is fire-coded and equipped with central air conditioning, enhancing its appeal and functionality. Zoned B-2, this versatile property offers a wide range of potential uses, making it an ideal investment for discerning buyers seeking a strong return. Seller financing is available, making this opportunity even more attractive. The building's well-maintained condition and prime location combine to create a truly exceptional investment prospect in a thriving Rhode Island market. High daily car counts on Killingly Street guarantee significant visibility for your businesses. Don't miss this chance to acquire a profitable and strategically located mixed-use property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $290,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $465,000
    6.5%
    $430,000
    7%
    $400,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $431,000
    Market price range: $107k - $432k
    AI Estimate
    $258,000
    Market price range: $83.8k - $258k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Johnston
County
Providence
State
Rhode Island
Longitude
-71.4729
Latitude
41.8303
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
2024
$8,854
$124,200
$198,600
$322,800
-
$0.00
$0.00
$0.00
More about this property
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