285 MCKINSTRY AVE
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Location
285 MCKINSTRY AVE
Mblu
0360/ 00013/ / /
Acct#
0360-00013
Owner
ARG NCD5PCK001 LLC
PBN
Assessment
$5,481,600
Appraisal
$5,481,600
PID
10249
Building Count
4
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$4,436,200$261,600$158,900$624,900$5,481,600
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$4,436,200$261,600$158,900$624,900$5,481,600

Owner of Record
OwnerARG NCD5PCK001 LLC
Co-Owner
Address38 WASHINGTON SQUARE
NEWPORT, RI 02840
Sale Price$6,553,108
Certificate
Book & Page 23794/0316
Sale Date03/31/2021
Instrument1V
QualifiedU

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARG NCD5PCK001 LLC$6,553,108 23794/03161V03/31/2021
E & R REALTY LLC$1,675,000117100/01150001/04/2008
MCKINSTRY METAL WORKS$024140/0034 06/11/1975

Building Information
Building 1 : Section 1
Year Built: 1940
Living Area: 52,267
Replacement Cost: $3,231,721
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$2,747,000
Building Attributes
FieldDescription
Style:Light Industrial
ModelIndustrial
Grade 
Stories:1
Occupancy1.00
Exterior Wall 1Metal Sandw
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseFactory
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 52,267 52,267
   52,267 52,267
Building 2 : Section 1
Year Built: 1986
Living Area: 33,600
Replacement Cost: $1,245,384
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$1,058,600
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Warehouse
ModelIndustrial
Grade 
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseFactory
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 33,600 33,600
   33,600 33,600
Building 3 : Section 1
Year Built: 1983
Living Area: 5,490
Replacement Cost: $629,061
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$534,700
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Office
ModelCommercial
Grade 
Stories:1
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseFactory
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsLIGHT
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,490 5,490
   5,490 5,490
Building 4 : Section 1
Year Built: 1920
Living Area: 2,880
Replacement Cost: $112,775
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$95,900
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Prefab Warehouse
ModelIndustrial
Grade 
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseFactory
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,880 2,880
   2,880 2,880

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers Wet33600.00 S.F.$50,0002
SPR1Sprinklers Wet5490.00 S.F.$8,2003
OD1OH Door Wd/Mtl140.00 S.F.$6,0002
OD1OH Door Wd/Mtl640.00 S.F.$27,2002
SPR1Sprinklers Wet52267.00 S.F.$77,7001
OD1OH Door Wd/Mtl140.00 S.F.$6,0001
OD1OH Door Wd/Mtl640.00 S.F.$27,2002
MEZ1Mezzanine Unfi1728.00 S.F.$20,6004
OD1OH Door Wd/Mtl100.00 S.F.$4,3002
OD1OH Door Wd/Mtl140.00 S.F.$6,0001
OD1OH Door Wd/Mtl140.00 S.F.$6,0001
OD1OH Door Wd/Mtl80.00 S.F.$3,4002
LDL1Load Level-Power2.00 UNITS$5,1002
OD1OH Door Wd/Mtl80.00 S.F.$3,4001
OD1OH Door Wd/Mtl80.00 S.F.$3,4001
OD1OH Door Wd/Mtl48.00 S.F.$2,0001
LDL1Load Level-Power2.00 UNITS$5,1001

Parcel Information
Use Code4000
DescriptionFactory  
Deeded Acres6.61

Land
Land Use
Use Code4000
DescriptionFactory  
Neighborhood105
Land Line Valuation
Size (Acres)6.61
Assessed Value$624,900
Appraised Value$624,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
AP1Unknown  9800.00 SF$49,0001
PAV1Paving Aspha  80000.00 S.F.$80,0001
AP1Unknown  4375.00 SF$21,9004
PAV1Paving Aspha  8000.00 S.F.$8,0004
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$4,085,400$261,600$158,900$624,900$5,130,800
2024$3,959,900$261,600$158,900$624,900$5,005,300

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$4,085,400$261,600$158,900$624,900$5,130,800
2024$3,959,900$261,600$158,900$624,900$5,005,300

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