7354 Post Rd North Kingstown, RI 02852-3213
Property profile & analytics
7354 Post Rd North Kingstown, RI 02852-3213
- Showrooms
- 9,187 SF
- 0.79 lot acres
Property ID
US76-0094450
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.
Location Intelligence
Current Use by Public Records
- Perfect Nails LLC / Nail Salon
- Bella Casa / Painting Service / General Contractor
Property Details for 7354 Post Rd
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 0.79 lot acres
- Property size
- 9,187 SF
- Zone code
- PR
- Property type
- Showrooms
- APN
- NKIN M:138 B:039
- APU
- NKINM138B039
Description
This exceptional investment opportunity presents a four-unit mixed-use commercial property situated on a prominent corner lot in North Kingstown, Rhode Island. The 34,412 square foot lot houses a single-story, 1940-built building featuring four renovated units. Currently occupied by a restaurant (occupying two units), a nail salon, and a dance studio, this property boasts a strong tenant base. Recent upgrades include a new back roof, siding, and restroom renovations, ensuring long-term value. The property benefits from a convenient location on Post Road and Camp Street, a high-traffic four-lane road with a traffic light providing easy access to the 50+ paved parking spaces. The thriving North Kingstown business district, minutes from downtown Wickford, offers a robust commercial environment with surrounding businesses, condos, homes, and apartments. The property is serviced by town water, sewer, and natural gas. This property offers a 7.00% cap rate and is priced at $1,400,000. The property's diverse tenant mix and prime location make it an ideal investment for a discerning buyer seeking strong returns and long-term growth potential. The Post Road district is designated as a mixed-use economic development center.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,255,000
- ML approach
- $1,285,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,550,000
- 6.5%
- $1,430,000
- 7%
- $1,330,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,103,000
- AI Estimate
- $800,000
Market price range: $884k - $2.68MMarket price range: $544k - $2.03M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,745,000 Current use
- OFFICE BUILDING
- $1,610,000 Change: -8% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,465,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Kingstown
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.4548
- Latitude
- 41.5976
- 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
$16,700
$299,300
$726,500
$1,025,800
-
$0.00
$0.00
$0.00
