Commercial real estate in Rhode Island

    Search commercial real estate records in Rhode Island to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Rhode Island commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

    1-10 of 124,415 results
    1-10 of 124,415 results

    Rhode Island Property Quick Facts:

    • Rhode Island has nearly 120,000 commercial properties in total
    • Of those 120,000, the top two most popular markets include multifamily with 43,000 properties and vacant land with 45,900
    • Over a fourth (31,147) of Rhode Island’s entire commercial real estate property pool is located in Providence

    Rhode Island Market Overview:

    Don’t let its size fool you--big things are happening in Rhode Island. With more the $500 million in construction currently happening in Providence, the state’s capital and surrounding areas are alive with development.

    Renewable energy is a particularly hot trend for Rhode Island’s commercial real estate community. With the establishment of the Renewable Energy Growth Program (REG Program) in 2015, the state continues to see renewable energy projects across all technologies, including wind, solar, and hydropower. This includes the country’s first operating off-shore wind project, Block Island Wind Farm, as well as the country’s second largest landfill energy project. Begin searching all Rhode Island commercial properties today for free with Reonomy OffMarket. Start your trial here.

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    Popular searches around Rhode Island

    Reonomy operates the most comprehensive database for Rhode Island Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Rhode Island commercial real estate professionals. Members from Rhode Island include brokers, investors and service providers, many of whom specialize in Rhode Island Commercial Real Estate.

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    Rhode Island commercial real estate sold prices and values

    The average assessed value of commercial real estate properties in Rhode Island is $372,012. Commercial real estate sale prices in Rhode Island have a median of $234,393. The last 24 months of sales history has seen 9,185 sales, with 4,067 sales greater than $250,000, 469 sales valued at over $1,000,000, and 21 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Rhode Island over the last 24 months is $95.

    Values and sold prices (last 24 months) United States Rhode Island
    Average price/sqft $1,414 $120
    Median price/sqft $116 $95
    Average sold price $1,182,492 $401,111
    Median sold price $193,952 $234,393
    Number of sales 3,924,050 9,185
    Number of sales over $250k 1,648,089 4,067
    Number of sales over $1m 393,899 469
    Number of sales over $10m 59,129 21
    Average total tax amount $6,007 $7,552
    Average assessed value $308,479 $372,012
    Average market value $389,707 --

    Rhode Island commercial real estate property averages

    The average lot size of commercial real estate properties in Rhode Island is 6,812 sf. This is 113% below the United States average.

    Property averages United States Rhode Island
    Average lot size 818,720 sf 90,271 sf
    Median lot size 24,562 sf 6,812 sf
    Average building area 1,166 sf 86 sf
    Median building area 74 sf 65 sf
    Median year built 1970 1920
    Average number of units 16 3
    Median number of units 2 2

    Rhode Island commercial real estate total supply

    There are 128,035 commercial real estate properties in Rhode Island. This is 199% below the United States average. The total acerage is 136,957 acres and the aggregate building area for commercial real estate properties in Rhode Island is 3,402,147 sf.

    Supply United States Rhode Island
    Number of parcels 57,574,886 128,035
    Aggregate lot acerage 900,770,598 136,957
    Aggregate building area 8,205,691,017 sf 3,402,147 sf
    Aggregate units 87,745,593 171,419

    Rhode Island commercial real estate industrial mortgages

    There are 197,993 mortgages for commercial real estate properties across Rhode Island in the Reonomy database. The average value of those mortgages is $497,662. This is 165% below the United States average.

    Debt United States Rhode Island
    Number of mortgages 39,848,711 197,993
    Average value of mortgages $5,223,655 $497,662

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