10 MERCHANT'S WAY
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Location
10 MERCHANT'S WAY
Mblu
058/ / 5347/ /
Acct#
058-5347
Owner
WP MIDDLEBOROUGH ASSOCIATES LP
Assessment
$12,958,800
Appraisal
$12,958,800
PID
7854
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$9,924,700$3,034,100$12,958,800
Assessment
Valuation YearImprovementsLandTotal
2026$9,924,700$3,034,100$12,958,800

Owner of Record
OwnerWP MIDDLEBOROUGH ASSOCIATES LP
Co-Owner
Address375 COMMERCE PARK RD
ATTN PAT ROSE
NORTH KINGSTOWN, RI 02852
Sale Price$13,600,000
Certificate
Book & Page 35442/0230
Sale Date12/27/2007
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
WP MIDDLEBOROUGH ASSOCIATES LP$13,600,000 35442/02301V12/27/2007
WINDALIER MIDDLEBOROUGH LLC$7,150,000 23105/02551V10/11/2002
CANPRO INVESTMENTS LTD$0 10860/01051B03/30/1992
ROUTE 28 PARTNERSHIP$1 9482/01541B11/29/1989
CHILMARK DEVELOPMENT INC$0 4949/04491F02/03/1981

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 130,582
Replacement Cost: $12,446,208
Building Percent Good: 72
Replacement Cost
Less Depreciation:
$8,961,300
Building Attributes
FieldDescription
Style:Plaza
ModelCommercial
GradeAverage
Stories:1
Occupancy11.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePLAZA
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3230
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 130,582 130,582
CANCanopy 6,710 0
FEPPorch, Enclosed 800 0
FSTUtility, Finished 2,000 0
ULPLoading Platform, Unfinished 380 0
   140,472 130,582

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET42442.00 S.F.$68,8001
SPR2WET/CONCEALED88140.00 S.F.$158,7001
MEZ1MEZZANINE-UNF7544.00 S.F.$135,8001
MEZ2FINISHED440.00 S.F.$11,1001
MEZ3W/PARTITIONS1440.00 S.F.$46,7001
CLR1COOLER504.00 S.F.$25,3001
CLR2FREEZER TEMPS1023.00 S.F.$54,7001

Land
Land Use
Use Code3230
DescriptionPLAZA  
Land Line Valuation
Size (Acres)23.41
Assessed Value$3,034,100
Appraised Value$3,034,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
PAV1PAVING-ASPHALT  300000.00 S.F.$450,000$450,0001
LT1LIGHTS-IN W/PL  4.00 UNITS$1,500$1,5001
LT2W/DOUBLE LIGHT  18.00 UNITS$10,800$10,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$9,924,700$3,034,100$12,958,800
2025$9,924,700$3,034,100$12,958,800
2024$9,924,700$3,034,100$12,958,800

Assessment
Valuation YearImprovementsLandTotal
2026$9,924,700$3,034,100$12,958,800
2025$9,924,700$3,034,100$12,958,800
2024$9,924,700$3,034,100$12,958,800

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