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    Property profile & analytics

    Franklin St Westerly, RI 02891

    • Commercial land
    • 4.37 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 16, 2024
    Location Intelligence
    Property ID
    US76-0330578
    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

    • Commercial land

    Property Details for Franklin St

    Lot size
    4.37 lot acres
    Property type
    Commercial land
    APN
    WEST M:88 B:41
    APU
    WESTM88B41

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westerly
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.8123
    Latitude
    41.3633
    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
    $1,992
    $190,600
    $0.00
    $190,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.41 Acres

      8 Shady Ln

      VACANT COMMERCIAL LAND • 0.41 Acres
      8 Shady Ln, Westerly, RI 02891
      View Details
    • Value Estimation by Request
      0.11 Acres

      19 Trackside Dr

      VACANT COMMERCIAL LAND • 0.11 Acres
      19 Trackside Dr, Westerly, RI 02891
      View Details
    • Value Estimation by Request
      0.05 Acres

      122 Bay St

      VACANT COMMERCIAL LAND • 0.05 Acres
      122 Bay St, Westerly, RI 02891-5747
      View Details
    • Value Estimation by Request
      3.76 Acres

      26 Ft Rd

      VACANT COMMERCIAL LAND • 3.76 Acres
      26 Ft Rd, Westerly, RI 02891-5708
      View Details
    • Value Estimation by Request
      0.23 Acres

      112 Franklin St

      VACANT COMMERCIAL LAND • 0.23 Acres
      112 Franklin St, Westerly, RI 02891-3114
      View Details
    • Value Estimation by Request
      37.97 Acres

      13 Granite Ave

      VACANT COMMERCIAL LAND • 37.97 Acres
      13 Granite Ave, Westerly, RI 02891-1745
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Retail Land Site in Westerly

      1.06 acre retail land site in downtown Westerly.
      52 Franklin St, Westerly, RI 02891
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    • $1,495,000

      Misquamicut Beach Business & Land

      Iconic Beachfront Businesses, Huge Potential
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    • $119,900
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      Residential Land in Westerly, RI

      Land available for building a custom home near beaches.
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    • $7,500,000

      Misquamicut Beachfront Inn Investment

      Oceanfront Inn, 23 Rooms, Prime Location
      145 Atlantic Ave Atlantic Ave, Westerly, RI 02891
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    • $165,000
      Pending

      Approved Land Ready for Construction

      Approved lot in walkable location near downtown Westerly, RI.
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    Similar Nearby for Lease

    • $0.25 SF/Yr

      Westerly Airport Land Lease Opportunity

      Approximately 1.5 acres of land for lease at Westerly Airport.
      56 Airport Rd, Westerly, RI 02891
      View Details
    • $14 SF/Yr
      14,400 SF

      Westerly RI Office Space For Lease

      Franklin Street Office/Retail Suites
      105 Franklin St, Westerly, RI 02891
      View Details
    • $15 SF/Yr
      4,000 SF

      Westerly Retail Space For Lease

      4,000 SF Freestanding Retail Building
      102 Granite St, Westerly, RI 02891
      View Details
    • Contact for pricing
      157,315 SF

      Westerly Crossings Retail Center

      Prime Retail Space, High Traffic Area
      151 Franklin St, Westerly, RI 02891
      View Details
    • $14 SF/Yr
      800 SF

      Westerly Office Space For Lease

      800 SF Office/Retail Space Available
      62 Franklin St, Westerly, RI 02891
      View Details
    • Contact for pricing
      2,287 SF

      Westerly Retail Space on Granite

      Highly visible retail space in Westerly with regional neighbors.
      139 Granite St, Westerly, RI 02891
      View Details
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    Franklin St
    Westerly, RI 02891
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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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