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Financial
Distress signals
Property profile

655 Killingly St 1 Johnston, RI 02919

FOR SALE
Investment properties
Property ID
US76-0354182
3,117 SF 0.25 ac lot Built 1840
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

This exceptional office space, located at 655 Killingly Street, Unit 1, in Johnston, Rhode Island, presents a fantastic opportunity for businesses seeking a prime location. The property, built in 1900, is a single-unit office space within a larger building situated on a substantial 10,275 square foot lot. The unit itself offers approximately 760 square feet of well-designed space, perfect for a variety of professional uses. The property boasts high visibility, ensuring excellent exposure for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2018

What does the county charge?
$8k
Tax billed · 2018
Assessed value · 2024$328k
Assessed land$135k
Assessed improvement$193k
Effective rate2.58%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 982.40% cap applied$10k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
ZIP average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$70 – $280
Qualifying comparables12

Cap rate analysis

How does the asset earn?
982.40%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
JurisdictionJOHNSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.5
Realty agency11.3
Tailor Shop9.8

Location

655 Killingly St, Unit 1 Johnston, RI 02919
County assessor Recorded deeds · 3 transfers 12 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Greenville, Johnston, RI 02919-4214 $387,500 Feb 2026 2,132 SF
27 Greenville, Johnston, RI 02919-4213 $395,000 Jul 2025 2,269 SF
1343 Plainfield, Johnston, RI 02919-6819 $375,000 Nov 2023 2,785 SF
90 Ml, Johnston, RI 02919-6293 $65,000 Jun 2023 2,916 SF
670 Killingly, Johnston, RI 02919-3929 $400,000 Apr 2023 3,770 SF
1770 Atwood, Johnston, RI 02919-3215 $255,000 Mar 2021 2,803 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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