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    Property profile & analytics

    863 Newport Ave Pawtucket, RI 02861-2643

    • Investment properties
    • 3,023 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US76-0414579
    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

    • Herbalife The Bucket Nutrition / Restaurant / Breakfast Restaurant
    • Liberty Tax / Tax Preparation / Tax Consultant

    Property Details for 863 Newport Ave

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    3,023 SF
    Zone code
    CG
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PAWT M:17 L:0826
    APU
    PAWTM17L0826

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $405,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $390,000
      Mixed-Use
      $410,000
      Hospitality
      $350,000
      Educational
      $440,000
      Residential Income
      $440,000
      Energy
      $345,000
      Income-Based Land
      $320,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3539
    Latitude
    41.8795
    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
    2023
    $0.00
    $184,600
    $119,500
    $304,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      440 SF

      1041 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 440 SF
      1041 Central Ave, Pawtucket, RI 02861-2223
      View Details
    • Value Estimation
      $215,000
      2,912 SF

      881 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,912 SF
      881 Central Ave, Pawtucket, RI 02861-2221
      View Details
    • Value Estimation
      $340,000
      4,626 SF

      793 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,626 SF
      793 Central Ave, Pawtucket, RI 02861-2148
      View Details
    • Value Estimation by Request
      5,620 SF

      442 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,620 SF
      442 Central Ave, Pawtucket, RI 02861-1978
      View Details
    • Value Estimation by Request
      1,956 SF

      264 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,956 SF
      264 Grand Ave, Pawtucket, RI 02861-2159
      View Details
    • Value Estimation by Request
      5,158 SF

      569 Armistice Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,158 SF
      569 Armistice Blvd, Pawtucket, RI 02861-2631
      View Details

    Similar Nearby for Sale

    • $675,000
      Pending

      Mixed-Use Property in Pawtucket, RI

      Three-unit mixed-use property with commercial space and residential apartments.
      5 Hanover St, Pawtucket, RI 02861
      View Details
    • $499,000
      4,115 SF

      Mixed-Use Property on Newport Avenue

      Mixed-use property with office space and residential apartment.
      24 Newport Ave, Pawtucket, RI 02861
      View Details
    • $750,000
      Pending

      Pawtucket Multifamily Investment Opportunity

      Six-unit building in desirable Darlington neighborhood, Pawtucket. Excellent income potential.
      1167 Newport Ave, Pawtucket, RI 02861
      View Details
    • $750,000
      Pending

      Pawtucket Multifamily Investment Opportunity

      Six-unit building in Darlington neighborhood with income potential.
      1167 Newport Ave, Pawtucket, RI 02861
      View Details
    • $1,200,000
      0.74 Acres

      Pawtucket Auto Business for Sale

      Thriving Auto Sales & Repair Business
      1153 Central Ave, Pawtucket, RI 02861
      View Details
    • $650,000

      Pawtucket Commercial Property with Auto Features

      Expansive commercial property ideal for auto, industrial, or service operations.
      19 Benefit St, Pawtucket, RI 02861
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo
      12,000 SF

      Pawtucket Warehouse Space Available

      12,000 SF warehouse with loading dock in industrial park.
      515 Narragansett Park Dr, Pawtucket, RI 02861
      View Details
    • Contact for pricing
      5,705 SF

      Pawtucket Flex Space Available

      12,868 SF flex space for rent in Pawtucket, RI.
      670-710 Narragansett Park Dr, Pawtucket, RI 02861
      View Details
    • Contact for pricing
      1,866 SF

      Retail Space in Cottage Street Plaza

      Retail spaces available in Stop & Shop anchored neighborhood center.
      368-398 Cottage St, Pawtucket, RI 02861
      View Details
    • Contact for pricing
      238,068 SF

      Narragansett Park Plaza Retail Space

      Prime Retail Space, Multiple Units Available
      675 Beverage Hill Ave, Pawtucket, RI 02861
      View Details
    • Contact for pricing
      30,208 SF

      Pawtucket Warehouse with Immediate Occupancy

      30,208 SF warehouse space available for immediate occupancy.
      99 Webster St, Pawtucket, RI 02861
      View Details
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    863 Newport Ave
    Pawtucket, RI 02861-2643
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    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
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