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Property profile & analytics
OFF-MARKET Estimated value $1,090,000
Showrooms

85 Narragansett Ave Narragansett, RI 02882-3480

2,076 SF 0.14 ac lot Built 1926
Individually Owned 4-yr Hold
Property ID
US76-0146675
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1926
Construction FRAME
Total area 2,076 SF
Lot 0.14 ac (6,233 SF)
Zoning code R-10
APN NARR M:C B:344 L:A
UPID US76-0146675
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$638k
Blend (final) Blend
$1.09M
Owner & transaction history
Kristopher Hagerty · 4 yrs held
Kristopher Hagerty
since 2022
Last sale
$975,000
3 recorded transactions
2022
$975,000
2017
$377,000
1992
$125,000
Zoning & alternative use
R-10 · Narragansett, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

streets in subdivisions located in the R-10, R-10A, and R-20 zoning districts, and in all residential cluster developments or multifamily developments except for short cul-de-sac streets serving five or fewer lots or dwellings. Sidewalks may be required to be installed along new streets in other areas if the planning board finds any of the following: a. The…

Zone name Residential High Density
General category RESIDENTIAL
Zone area 1,692.23 ac
Source code of ordinances
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