303 Valley Rd, Middletown, RI 02842 Property Records

Middletown Town property record for 303 Valley Rd, Middletown, RI 02842

Property Summary

Property TypeCommercial Building, Warehouse, Showroom
Details80,934 sqft · built 1987
Lot Size15.5 acres (676,051 sqft)
OwnerCompany Name on File
Last Sale$6,670,000 (Jul 2019)
Tax Bill$140,137 (2025)
Deeds & MortgagesMar 2026 Line of Credit
Jan 2017 Line of Credit
Flood ZoneZone X (moderate risk)
APN201900344

Property Details

APN / Parcel Number

Primary APN201900344
Alternative APN
  • MIDD M:0108 B:00 L:3

Interior

Units190 Units
Stories3 Stories
Building Area80,934 sqft Total Area
Gross Area82,085 sqft
1st Floor Area26,936 sqft
ElevatorElevator

Exterior

Year BuiltBuilt 1987
Effective Year BuiltEffective 1987
Architectural StyleCondo/Apartment
Exterior MaterialWood Siding
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area676,051 sqft (15.5 acres)
Deck AreaDeck Area

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHot Water
Heating FuelOil

Location & Zoning

Account Number201900344
Street Address303 VALLEY RD
CityMIDDLETOWN
StateRI
Zip02842-7243
Property CategoryCommercial
Property TypeCommercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning CodeR20A
Legal Lot Number3
JurisdictionMIDDLETOWN RI
Township / Civil DivisionMIDDLETOWN
Census Block Group1
Census Block1029
Census Tract40302

Owner

303 Valley Rd, a commercial property, is owned by a company that bought it in July 2019.

Source: Middletown Town records, as of June 22, 2026

Owner of RecordCompany Name on File
Mailing Address9 W 57TH ST, 4200, NEW YORK, NY 10019-2707
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Mar 19, 2026Deed of Trust, Mortgage · Line of Credit
SHFI DEBT FUND DI BC
Jan 3, 2017Deed of Trust, Mortgage · Line of Credit
BX OPERATIONS HOLDING

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 17, 2019 · Amount on File
Deed SaleJul 17, 2019 · Amount on File
Prior SaleMar 29, 2011 · Amount on File
Deed Document Number20191700
Deed Book / Page1605 / 86
Prior Transfer DateJul 16, 2019
Prior Transfer Doc0001605-86
Record UpdatedOct 29, 2026

March 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMIDDLETOWN RI
Property Address303 VALLEY RD, MIDDLETOWN, RI 02842-7243
Transaction TypeMortgage
Record UpdatedApr 8, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number001900-168
DateMar 19, 2026
Book Page1900/168
Instrument474
Lender
NameSHFI DEBT FUND DI BC
Agreement
TypeLine of Credit
AmountAmount on Record

January 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMIDDLETOWN RI
Property Address303 VALLEY RD, MIDDLETOWN, RI 02842-7243
Document Number1503-238
Book / Page001503 / 000238
Instrument DateJan 3, 2017
Transaction TypeMortgage
Record UpdatedMar 8, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

Mortgage

Document Number1503-238
DateJan 11, 2017
Book Page001503/000238
Instrument122
Lender
NameBX OPERATIONS HOLDING
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 303 Valley Rd was $140,137.

Source: Middletown Town assessment roll, as of June 22, 2026

Property Jurisdictions

TypeName
StateRhode Island
County SubdivisionMiddletown Town
Unified School DistrictMiddletown School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2025$140,137.00$10,311,800 Land $2,940,000 Building $7,371,800
2023$193,352.00 (+4.76%)$10,339,700 (-) Land $2,800,000 Building $7,539,700
2022$184,564.00$10,339,700 Land $2,800,000 Building $7,539,700

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 303 Valley Rd in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective December 26, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims2 (1978–2023)
Claims Outside the SFHA1 of 2
Most Recent ClaimAug 2023 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 303 Valley Rd is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 85% of Rhode Island
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEWPORT-CITY OF
serves 42,155 people · EPA ID RI1592010
Water SourceSurface water
Last State InspectionOct 2022
Lead4 ppb (2025–2027)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 204 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Cox Communications
Fiber · Cable in parts of the area
1,000 / 35
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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