7630 Post Rd D North Kingstown, RI 02852-3925
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Michele’s Hair Salon
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Delfino & Associates Tax Preparation
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Gregory II Donald M Law Firm
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Equity Risk Sciences, LLC Bank Credit Union
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Capital Preservation Advisors, LLC Financial Advisor
The Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and residential uses at higher densities than what is permitted in most of the other zoning districts in the town. Density bonuses shall be made avail…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
PR · North Kingstown, RIThe Post Road district (PR) is established as a mixed use, economic development center. Because of the available infrastructure within the district, development shall be designed to provide a mix of commercial and residential uses at higher densities than what is permitted in most of the other zoning districts in the town. Density bonuses shall be made available to encourage environmentally friendly and pedestrian-oriented site design practices and the incorporation of affordable housing into mixed use environments. Better site design practices and two-story buildings are encouraged in the district to facilitate the development of pedestrian friendly environments, to leverage environmental improvements, to increase property values, to promote commercial development, and to improve the general aesthetic appeal of the area. (b) General requirements. (1) Ground floor uses. Ground floor uses in the PR district shall be restricted according to the following provisions: a. Ground floor uses in any structures located within 400 feet of arterial and collector roads shall be limited to non-residential uses, with the exception of the following: i. Ground floor uses within 400 feet of collector or arterial roads may include up to 25 percent of the gross floor area as residential use as long as such housing is restricted to households above the age of 55. b. Ground floor uses on local roads or other small private ways internal to developed areas may include any of the uses allowed in the PR district in accordance with the use table (article III). c. The distance shall be measured from the nearest point of the residential ground floor use in question to the nearest point of the road right-of-way. The Planning Commission may reduce this restriction to 200 feet where the residential ground floor uses are not visible to pedestrians from Post Road and are part of a large coordinated development proposal with multiple primary buildings sited in a manner that is consistent with the goals of the district. (2) Nutrient loading limitations. New development in the PR District that also lies within the groundwater recharge and wellhead protection overlay district shall not discharge nitrogen to groundwater at an average site-wide concentration beyond 5 mg/L. Nitrogen loading calculations shall incorporate those standards listed in
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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.