Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    862 Main Rd Middletown, RI 02842

    • Showrooms
    • 94,852 SF
    • 9.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US76-0296693
    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.

    Current Use by Public Records

    • Showrooms

    Property Details for 862 Main Rd

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.42 lot acres
    Property size
    94,852 SF
    Zone code
    GBA
    Property type
    Showrooms
    APN
    MIDD M:0107 B:NW L:66
    APU
    MIDDM0107BNWL66

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2997
    Latitude
    41.5271
    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
    $150,109
    $5,045,000
    $6,519,600
    $11,564,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      576 SF

      50 Underwood Ln

      SHOW ROOM, WAREHOUSE • 576 SF
      50 Underwood Ln, Middletown, RI 02842-4850
      View Details
    • Value Estimation by Request
      30,835 SF

      34 Wave Ave

      SHOW ROOM, WAREHOUSE • 30,835 SF
      34 Wave Ave, Middletown, RI 02842-7009
      View Details
    • Value Estimation by Request
      67,962 SF

      173 Main Rd

      SHOW ROOM, WAREHOUSE • 67,962 SF
      173 Main Rd, Middletown, RI 02842-4938
      View Details
    • Value Estimation by Request
      12,143 SF

      12 Main Rd

      SHOW ROOM, WAREHOUSE • 12,143 SF
      12 Main Rd, Middletown, RI 02842-4912
      View Details
    • Value Estimation by Request
      55,340 SF

      317 Main Rd

      SHOW ROOM, WAREHOUSE • 55,340 SF
      317 Main Rd, Middletown, RI 02842-7326
      View Details
    • Value Estimation by Request
      4,561 SF

      1425 Main Rd

      SHOW ROOM, WAREHOUSE • 4,561 SF
      1425 Main Rd, Middletown, RI 02842-7315
      View Details

    Similar Nearby for Sale

    • $775,000
      3,057 SF

      Middletown Commercial Building on Aquidneck

      Adaptable commercial building in Middletown with high-visibility location.
      1120 Aquidneck Ave, Middletown, RI 02842
      View Details
    • $1,170,000
      Pending

      Prime Commercial Property, Middletown RI

      High-visibility commercial property in a bustling business center with ample parking.
      72 East Main Rd, Middletown, RI 02842
      View Details
    • $950,000

      Prime Middletown Commercial Land

      High-visibility site, former restaurant, ideal for redevelopment.
      149 Main Rd, Middletown, RI 02842
      View Details
    • $2,950,000
      15,000 SF

      Mixed-Use Property with Development Potential

      Two buildings with office, restaurant space, and apartment conversion potential.
      499 E Main Rd, Middletown, RI 02842
      View Details
    • $409,000
      57,600 SF

      Coddington Cove Commons Units

      Modern Business & Storage Units Available
      300 Coddington Hwy, Middletown, RI 02842
      View Details
    • $395,000
      1,142 SF

      Middletown Commercial Units - Now Leasing

      Modern units, ideal for small businesses.
      300 Coddington Hwy, Middletown, RI 02842
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,646 SF

      Retail Space in Middletown Center

      Retail space available in shopping center with pylon signage.
      872-890 W Main Rd, Middletown, RI 02842
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space with High Visibility

      Retail space with corner location, high visibility, and excellent access.
      7 E Main Rd, Middletown, RI 02842
      View Details
    • $30 SF/Yr
      6,000 SF

      Retail Space with Restaurant Infrastructure

      Corner retail location with existing restaurant infrastructure and high traffic.
      593 W Main Rd, Middletown, RI 02842
      View Details
    • Contact for pricing

      Retail Space Near Major Retailers

      Retail space available near Staples, Aldi, and Home Depot.
      870 W Main Rd, Middletown, RI 02842
      View Details
    • Contact for pricing
      40,933 SF

      Middletown Office Space for Lease

      Prime RI Office Suites, Ample Parking
      850 Aquidneck Ave, Middletown, RI 02842
      View Details
    • Contact for pricing
      9,200 SF

      Aquidneck Centre Retail Space For Lease

      High-traffic retail spaces available now!
      77 Main Rd, Middletown, RI 02842
      View Details

    Property Visit Statistics

    • Visits by month
      45.3k
    • Visitors by month
      26.2k
    • Avg Time on site
      21 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    862 Main Rd
    Middletown, RI 02842
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.