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Financial
Distress signals
Property profile

970 Douglas Pike Smithfield, RI 02917

OFF-MARKET
Other commercial real estate
Property ID
US76-0048253
3.98 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a restaurant space of approximately 3,000 square feet located in an open strip center in Smithfield, Rhode Island, near Bryant University at the intersection of Route 116 and Route 7. The interior layout includes an open kitchen and seating for about 30 indoors, with additional seating for about 20 outdoors and about 15 seats at a bar. The operation includes a full liquor license and is sold with business operations and associated equipment. The strip center features anchor…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$54k
Tax billed · 2020
Assessed value · 2023$3.30M
Assessed land$674k
Assessed improvement$2.62M
Effective rate1.65%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$500k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$79 – $190

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HC
This district is established to provide areas for regional and high intensity commercial retail uses, business/professional services, off...
General categoryCOMMERCIAL
JurisdictionSMITHFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Auto Repair Shop8.9
Plumbing Service8.9

Location

970 Douglas Pike Smithfield, RI 02917-1840
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Log, Smithfield, RI 02917-1511 $625,000 Feb 2026 5,740 SF
20 Business Park, Smithfield, RI 02917-1954 $3,400,000 Oct 2025 3,096 SF
266 Putnam, Smithfield, RI 02917-2704 $1,400,000 May 2025 5,628 SF
475 Douglas, Smithfield, RI 02917-2352 $650,000 Mar 2025 22,688 SF
37th Thurber, Smithfield, RI 02917-1859 $950,000 Mar 2025 11,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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