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    For Sale (25)

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    East Greenwich Office Suites
    Contact for pricing
    0.52 Acres

    East Greenwich Office Suites

    Office suites available for sale on Main Street.

    655 Main St, East Greenwich, RI 02818
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    Downtown Office Condo For Sale
    $349,000
    3,589 SF

    Downtown Office Condo For Sale

    Versatile office condo in historic Masonic Temple Building.

    127 Dorrace St, Providence, RI 02903
    View details
    Coventry Investment Opportunity
    $1,199,900
    0.64 Acres

    Coventry Investment Opportunity

    Ten-unit multifamily property for sale in Coventry, Rhode Island.

    121 S Main St, Coventry, RI 02816
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    Spacious Multi-Family Property
    $669,900
    0.17 Acres

    Spacious Multi-Family Property

    Legal three-family property with income potential near amenities.

    35 Rand St, Central Falls, RI 02863
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    Medical Office Condo For Sale
    Contact for pricing
    1,330 SF

    Medical Office Condo For Sale

    Turnkey medical office condo with flexible floor plan in Providence.

    1268 Westminster St, Providence, RI 02909
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    North Kingstown Development Opportunity
    $649,000
    5.27 Acres

    North Kingstown Development Opportunity

    Land available in North Kingstown, minutes from Downtown Wickford.

    159 Ten Rod Rd, North Kingstown, RI 02852
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    Warwick Industrial Facility on 1.52 Acres
    $795,000
    1.52 Acres

    Warwick Industrial Facility on 1.52 Acres

    Single-story, 12,000 sq ft industrial facility on 1.52 acres.

    5810 Post Rd, Warwick, RI 02818
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    West Warwick Multifamily Home
    $649,000
    3,900 SF

    West Warwick Multifamily Home

    Multigenerational home with in-law suite or rental potential.

    185 Legris Ave, West Warwick, RI 02893
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    East Greenwich Multifamily Investment Opportunity
    $1,400,000
    0.34 Acres

    East Greenwich Multifamily Investment Opportunity

    Ten units across three buildings in East Greenwich, Rhode Island.

    121 Duke St, East Greenwich, RI 02818
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    East Greenwich Commercial Building & Lot
    $750,000
    0.24 Acres

    East Greenwich Commercial Building & Lot

    Commercial building with buildable lot in East Greenwich, RI.

    5393 Post Rd, East Greenwich, RI 02818
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    Westerly Turn-Key Office Suite
    Contact for pricing
    995 SF

    Westerly Turn-Key Office Suite

    Turn-key office suite near RI/CT state line.

    101 Airport Rd, Westerly, RI 02891
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    Pawtucket Industrial Redevelopment Opportunity
    $1,750,000
    1.52 Acres

    Pawtucket Industrial Redevelopment Opportunity

    Industrial building suitable for redevelopment in Pawtucket, Rhode Island.

    27 Privet St, Pawtucket, RI 02860
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    Westerly Office Suite For Sale
    Contact for pricing
    1,252 SF

    Westerly Office Suite For Sale

    Turn-key office suite near RI/CT state line.

    101 Airport Rd, Westerly, RI 02891
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    East Side Office Space
    Contact for pricing
    2,520 SF

    East Side Office Space

    Office space available in a highly accessible East Side location.

    155 Elmgrove Ave, Providence, RI 02906
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    East Greenwich Homesite Ready to Build
    $399,900
    2.10 Acres

    East Greenwich Homesite Ready to Build

    2+ acre homesite in East Greenwich, fully engineered and ready.

    2406 Division Rd, East Greenwich, RI 02818
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    Updated Two-Family in West Warwick
    $549,900
    0.20 Acres

    Updated Two-Family in West Warwick

    Well-maintained multi-family property with investment potential and owner-occupant comfort.

    21 Woodside Ave, West Warwick, RI 02893
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    East Greenwich Office Suites For Sale
    Contact for pricing
    0.71 Acres

    East Greenwich Office Suites For Sale

    Renovated office suites in East Greenwich with highway access.

    2843 S County Trl, East Greenwich, RI 02818
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    East Greenwich Professional Office Building
    $499,900
    0.24 Acres

    East Greenwich Professional Office Building

    Professional office building with adjacent buildable lot in East Greenwich.

    5393 Post Rd, East Greenwich, RI 02818
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    East Greenwich Class A Office
    Contact for pricing
    1,400 SF

    East Greenwich Class A Office

    Premier furnished office suite in a sought-after downtown location.

    655 Main St, East Greenwich, RI 02818
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    Downtown Office Space in Providence
    Contact for pricing
    2,279 SF

    Downtown Office Space in Providence

    Versatile office condo in historic Masonic Temple Building.

    127 Dorrace St, Providence, RI 02903
    View details
    Warwick Condo Complex: 48 Units
    $2,599,000
    5.78 Acres

    Warwick Condo Complex: 48 Units

    Prime Warwick location, 48-unit condo development opportunity.

    270 Post Rd, Warwick, RI 02888
    View details
    Industrial Redevelopment Opportunity
    $1,750,000

    Industrial Redevelopment Opportunity

    Industrial building suitable for redevelopment or apartment conversion.

    27 Privet St, Pawtucket, RI 02860
    View details
    Warwick Industrial Facility on Post
    $795,000

    Warwick Industrial Facility on Post

    12,000 sq ft industrial facility on 1.52 acres.

    5810 Post Rd, Warwick, RI 02818
    View details
    East Greenwich Office Building For Sale
    $749,000

    East Greenwich Office Building For Sale

    Newly renovated office building with excellent visibility and parking.

    50 Cliff St, East Greenwich, RI 02818
    View details
    West Warwick Multifamily Investment Opportunity
    $499,900
    5,012 SF

    West Warwick Multifamily Investment Opportunity

    Six one-bedroom units with renovation potential in West Warwick.

    7 Lanphear St, West Warwick, RI 02893
    View details

    For Lease (9)

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    East Greenwich Renovated Office Suites
    $550 / Mo
    181 SF

    East Greenwich Renovated Office Suites

    Renovated office suites for rent in East Greenwich.

    2843 South County Trl, East Greenwich, RI 02818
    View details
    East Side Office Space Available
    $25 SF/Yr

    East Side Office Space Available

    Office space for rent in a walkable, vibrant neighborhood.

    155 Elmgrove Ave, Providence, RI 02906
    View details
    Turn-Key Office Suite Available
    $17 SF/Yr

    Turn-Key Office Suite Available

    Second-floor office suite with private offices and conference room.

    101 Airport Rd, Westerly, RI 02891
    View details
    Turn-Key Medical Office Suite
    $25 SF/Yr

    Turn-Key Medical Office Suite

    Turn-key medical office suite near RI/CT state line.

    101 Airport Rd, Westerly, RI 02891
    View details
    East Greenwich Office Space Available
    $500 / Mo
    120 SF

    East Greenwich Office Space Available

    Office suites for rent on Main Street, East Greenwich.

    655 Main St, East Greenwich, RI 02818
    View details
    Downtown East Greenwich Private Office
    $775 / Mo
    300 SF

    Downtown East Greenwich Private Office

    Private office space available in downtown East Greenwich.

    655 Main St, East Greenwich, RI 02818
    View details
    East Greenwich Class A Office
    $5,000 / Mo
    2,000 SF

    East Greenwich Class A Office

    Furnished office suite in a prime downtown location.

    655 Main St, East Greenwich, RI 02818
    View details
    East Greenwich Retail Space Available
    $20 SF/Yr
    1,800 SF

    East Greenwich Retail Space Available

    Newly renovated retail space with great exposure and parking.

    50 Cliff St, East Greenwich, RI 02818
    View details
    Medical Office Condo For Rent
    $21 SF/Yr

    Medical Office Condo For Rent

    Turnkey medical office condo with flexible floor plan available for rent.

    1268 Westminster St, Providence, RI 02909
    View details

    Leases and Sales on Map

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    • For Lease

    Properties for sale

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    Request Owner's contact information
    Davelen, Inc., dba RE/MAX Professionals
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Davelen, Inc., dba RE/MAX Professionals
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