Entity Owned 
For Lease
$650,000
80 Main Rd, Tiverton, RI 02878
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Property summary
AI-generated overview
This exceptional ground-level commercial space, located in Newport County, offers 700-1000 square feet of versatile office area perfect for a variety of businesses. Situated on a high-traffic corner lot within a larger 6,000 square foot building, this single-tenant space boasts ample parking for clients and employees. The building itself underwent a complete renovation in 2024, ensuring modern amenities and a fresh, updated aesthetic. The property type is flexible, accommodating retail, office, or restaurant uses, providing significant opportunity for creative entrepreneurs and established businesses alike. All utilities are included in the lease price, simplifying budgeting and operational costs. The two-story building, constructed in 1950 and recently renovated, sits on a half-acre lot, providing a substantial presence and visibility. This prime location offers excellent exposure and accessibility, making it an ideal choice for businesses seeking a thriving and convenient location. The space is ready for immediate occupancy, allowing for a quick and seamless transition into your new business home. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Construction
FRAME
Total area
6,402 SF
Lot
0.57 ac (24,786 SF)
Zoning code
R30
APN
TIVE M:102 B:164
UPID
US76-0382896
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor Renovation Specialist
-
Furniture & Home Goods Home Decor Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$650k
Owner & transaction history
since 2024
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
R30 · Tiverton, RI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 46 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$650k
Value range
$585k – $715k
±10% around blend
Estimated value / SF
$102 / SF
Confidence
High
46 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$585k
blend $650k
$715k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,402 SF
Lot area
0.57 ac
Year built
1950
Stories
2
APN
TIVE M:102 B:164
Zoning
R30
Assessed value
$566,900
Annual tax
$6,264
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$958k
Weighted, 20 comps · high confidence
Evidence
46 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.5 mi away · 6,577 SF
13.5 mi away · 4,806 SF
13.6 mi away · 4,700 SF
13.7 mi away · 6,073 SF
14.0 mi away · 5,108 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$650k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 40 sales
$171
-41%
Submarket 40 sales
$171
-41%
County 265 sales
$297
-66%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $102/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 46 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
10.00%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 10.00%
9.0%
NOI (est.)
$46k *
Last sale · Jun 2024
$650k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$455k
Move the market yield to see immediate price impact.
Value / SF
$71
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
9.50%10.00%10.50%
$41k
$431k
$410k
$390k
$46k
$479k
$455k
$433k
$50k
$527k
$501k
$477k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
46 found
High confidence · county-verified
Closest comparable
$323k
5.3 mi · Sep 2025 · $45/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,264
Tax year 2024
Assessed value
$566,900
Assessed 2024
Previous assessed
$562,000
+0.9% YoY
Effective rate
1.10%
On assessed value
Assessed land
$211,000
Assessed improvement
$355,900
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1950
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
8
Total area
6,402 SF
Lot
0.57 ac (24,786 SF)
Zoning code
R30
APN
TIVE M:102 B:164
UPID
US76-0382896
Jurisdiction
TIVERTON
Zoning & alternative use
R30 · Tiverton, RIZoning R30 · permitted uses
R30 · Tiverton, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
8
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R30
Jurisdiction
Tiverton, RI
Recorded code
R30
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R30 in Tiverton, RI.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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