343-345 ThamesNewport, RI 02840

  • Other commercial real estate
  • 9,400 SF
Off market
$1,993,640 Estimated

Property Details for 343-345 Thames

Year built
2013
Construction
FRAME
Lot size
0.20 AC
Property size (Sq ft)
9,400 SF
Zone code
WB
Property type
Other commercial real estate
Property subtype
Showrooms
APN
NEWP M:027 B:0110
APU
NEWPM027B0110

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,485,679
    6.5%
    $2,294,472
    7%
    $2,130,582
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,095,074
    Geo Method
    $3,095,074
  • Alternative Use

    Use
    Valuation
    Residential
    $1,935,474
    Hospitality
    $1,772,883
    Educational
    $1,475,018
    Medical
    $1,525,746
    Retail
    $2,294,472
343-345 Thames, Newport, Rhode Island

Location Insight

City
Newport
County
Newport
State
Rhode Island
Latitude
41.4841
Longitude
-71.3149
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
$40,103
$937,700
$1,757,400
$2,695,100
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