121 OCEAN STATE DR
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Location
121 OCEAN STATE DR
Plat and Lot (MBLU)
190/ 078/ / /
Owner
FLEX TECHNOLOGY PARK LLC
Assessment
$4,827,700
Appraisal
$4,827,700
PID
186635
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$3,683,600$1,144,100$4,827,700
Assessment
Valuation YearImprovementsLandTotal
2025$3,683,600$1,144,100$4,827,700

Owner of Record
OwnerFLEX TECHNOLOGY PARK LLC
Co-Owner
Address50 WHITECAP DR, STE 102
N KINGSTOWN, RI 02852
Sale Price$425,000
Certificate
Book & Page 3350/219
Sale Date11/12/2020
InstrumentCR

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FLEX TECHNOLOGY PARK LLC$425,000 3350/219CR11/12/2020
FLEX TECHNOLOGY PARK LLC$425,000 3344/120011/06/2020
UPPER POND REALTY LLC$0 3193/90K06/28/2019

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 20,000
Building Attributes
FieldDescription
Style:Pre-Eng Warehs
ModelCommercial
GradeAve/Good
Stories:1
Occupancy7.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseCOM/LSE M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height 
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 20,000 20,000
   20,000 20,000
Building 2 : Section 1
Year Built: 2022
Living Area: 20,000
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Pre-Eng Warehs
ModelCommercial
GradeAve/Good
Stories:1
Occupancy7.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseCOM/LSE M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:3422
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height 
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 20,000 20,000
   20,000 20,000
Building 3 : Section 1
Year Built: 2023
Living Area: 24,624
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Pre-Eng Warehs
ModelCommercial
GradeAverage
Stories:1
Occupancy2.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeHeat Pump
Struct Class 
Bldg UseCOM/LSE M94
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:3422
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height25.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 24,624 24,624
   24,624 24,624

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET20000.00 S.F.$19,6001
SPR1SPRINKLERS-WET20000.00 S.F.$19,8002
SPR1SPRINKLERS-WET24624.00 S.F.$24,6003
CLR2FREEZER TEMPS250.00 S.F.$7,1001
CLR2FREEZER TEMPS250.00 S.F.$6,8003

Land
Land Use
Use Code902C
DescriptionVOTE OF CI M94  
ZoneQBP
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.1
Depth
Assessed Value$1,144,100
Appraised Value$1,144,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  30000.00 S.F.$85,5001
PAV1PAVING-ASPHALT  23940.00 S.F.$68,2002
LT9HGH PRE-SOD PL  2.00 UNITS$2,8001
PAV1PAVING-ASPHALT  6000.00 S.F.$9,0003
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$2,440,100$424,300$2,864,400
2023$1,688,600$424,300$2,112,900
2022$1,145,900$424,300$1,570,200

Assessment
Valuation YearImprovementsLandTotal
2024$2,440,100$424,300$2,864,400
2023$1,688,600$424,300$2,112,900
2022$1,145,900$424,300$1,570,200

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