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

    880 Main Rd Portsmouth, RI 02871-2349

    • Showrooms
    • 7,294 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US76-0193991
    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

    • Mardo's Tae kwon Do Academy / Karate School
    • Rocco's Little Italy / Pizza Restaurant / Italian Restaurant
    • Warfront Wizards / Game Store
    • Polo Cleaners / Dry Cleaner
    • Shear Power / Beauty Salon

    Property Details for 880 Main Rd

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.94 lot acres
    Property size
    7,294 SF
    Zone code
    C
    Property type
    Showrooms
    APN
    PORT M:057 B:0036
    APU
    PORTM057B0036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $385,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $440,000
      Mixed-Use
      $435,000
      Hospitality
      $420,000
      Educational
      $435,000
      Residential Income
      $345,000
      Energy
      $430,000
      Income-Based Land
      $405,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2556
    Latitude
    41.5588
    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
    $6,775
    $337,600
    $192,500
    $530,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,788 SF

      2444 Main Rd

      SHOW ROOM, WAREHOUSE • 12,788 SF
      2444 Main Rd, Portsmouth, RI 02871-4025
      View Details
    • Value Estimation by Request
      27,952 SF

      3001 Main Rd

      SHOW ROOM, WAREHOUSE • 27,952 SF
      3001 Main Rd, Portsmouth, RI 02871-4248
      View Details
    • Value Estimation by Request
      10,337 SF

      1 Park Ave

      SHOW ROOM, WAREHOUSE • 10,337 SF
      1 Park Ave, Portsmouth, RI 02871-4325
      View Details
    • Value Estimation by Request
      492 SF

      455 Rhode Is Blvd

      SHOW ROOM, WAREHOUSE • 492 SF
      455 Rhode Is Blvd, Portsmouth, RI 02871
      View Details
    • Value Estimation
      $605,000
      1,924 SF

      3102 Main Rd

      SHOW ROOM, WAREHOUSE • 1,924 SF
      3102 Main Rd, Portsmouth, RI 02871-4256
      View Details
    • Value Estimation by Request
      3,872 SF

      161 Chase Rd

      SHOW ROOM, WAREHOUSE • 3,872 SF
      161 Chase Rd, Portsmouth, RI 02871-3243
      View Details

    Similar Nearby for Sale

    • $260,000
      909 SF

      Portsmouth Commercial Unit - For Sale

      909 sq ft commercial space, prime location.
      1678 Main Rd, Portsmouth, RI 02871
      View Details
    • $999,923
      0.23 Acres

      Prime Portsmouth Commercial Land

      High-visibility .23-acre lot, ideal for various commercial uses.
      1074 Main Rd, Portsmouth, RI 02871
      View Details
    • $1,200,000
      1,449 SF

      Prime Portsmouth Restaurant - $1.2M

      Established eatery, high-traffic location, ample parking.
      501 Park Ave, Portsmouth, RI 02871
      View Details
    • $999,900
      0.34 Acres

      Restaurant Near Portsmouth Beaches

      Thriving restaurant with loyal customer base near Portsmouth beaches.
      501 Park Ave, Portsmouth, RI 02871
      View Details
    • $1,200,000
      1,449 SF

      Prime Portsmouth Restaurant Opportunity

      Thriving eatery, high-traffic location, strong financials.
      501 Park Ave, Portsmouth, RI 02871
      View Details
    • $2,400,000
      0.24 Acres

      Waterfront Restaurant Opportunity in Portsmouth

      Turnkey waterfront restaurant with indoor/outdoor dining and full bar.
      15 Point Rd, Portsmouth, RI 02871
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,560 SF

      Portsmouth Plaza Retail Space

      1560 sq ft Office/Retail Space, Prime Location
      3001 Main Rd, Portsmouth, RI 02871
      View Details
    • $8 SF/Yr
      27,300 SF

      Aquidneck Island Industrial/Office Space

      Industrial/office space ideal for distribution and marine trades.
      1170 E Main Rd, Portsmouth, RI 02871
      View Details
    • $11 SF/Yr
      37,128 SF

      Portsmouth Office & Warehouse Space

      Versatile Office/Warehouse in Portsmouth
      300 Highpoint Ave, Portsmouth, RI 02871
      View Details
    • $1,923 /Mo
      1,200 SF

      Tradesman Space in Sakonnet Center

      1200 SF tradesman unit in Portsmouth's bustling town center.
      2451 E Main Rd, Portsmouth, RI 02871
      View Details
    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.
    880 Main Rd
    Portsmouth, RI 02871-2349
    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.