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 124,685 results
1-10 of 124,685 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.
Rhode Island commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Rhode Island is $381,070. Commercial real estate sale prices in Rhode Island have a median of $239,598. The last 24 months of sales history has seen 9,255 sales, with 4,315 sales greater than $250,000, 458 sales valued at over $1,000,000, and 18 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 $96.
|Values and sold prices (last 24 months)||United States||Rhode Island|
|Average sold price||$1,118,542||$390,972|
|Median sold price||$196,083||$239,598|
|Number of sales||3,934,359||9,255|
|Number of sales over $250k||1,663,881||4,315|
|Number of sales over $1m||387,932||458|
|Number of sales over $10m||55,602||18|
|Average total tax amount||$9,232||$7,692|
|Average assessed value||$312,101||$381,070|
|Average market value||$400,634||--|
Rhode Island commercial real estate property averages
The average lot size of commercial real estate properties in Rhode Island is 6,807 sf. This is 112% below the United States average.
|Property averages||United States||Rhode Island|
|Average lot size||816,803 sf||90,681 sf|
|Median lot size||24,448 sf||6,807 sf|
|Average building area||1,134 sf||89 sf|
|Median building area||76 sf||67 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 128,449 commercial real estate properties in Rhode Island. This is 199% below the United States average. The total acerage is 137,100 acres and the aggregate building area for commercial real estate properties in Rhode Island is 3,443,005 sf.
|Supply||United States||Rhode Island|
|Number of parcels||58,091,739||128,449|
|Aggregate lot acerage||976,485,427||137,100|
|Aggregate building area||8,209,502,265 sf||3,443,005 sf|
Rhode Island commercial real estate industrial mortgages
There are 193,436 mortgages for commercial real estate properties across Rhode Island in the Reonomy database. The average value of those mortgages is $505,029. This is 164% below the United States average.
|Debt||United States||Rhode Island|
|Number of mortgages||40,876,180||193,436|
|Average value of mortgages||$5,210,547||$505,029|