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    The Largest CRE Database in the US with Over 1 Million Listings

    5835 Post Rd, Unit 110 East Greenwich, RI 02818

    Sponsored
    For Sale
    $279,000

    COMMERCIAL - East Greenwich, RI

    Type:Office
    Property size:
    1,543 SF
    Days on Market:
    4
    Last Refresh:
    Feb 13 at 8:06 pm

    Property Features for 5835 Post Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    CH
    Parking
    10
    Interior features
    Ceiling Height (7 to 9 Ft)
    Size
    1,543 SF

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Floors in Building
    1
    Number of units
    1
    Building materials
    Frame

    We can help!

    Listing Contact
    Therese VEZERIDIS

    Residential Properties Ltd. (401) 439-7705

    Listing agent Therese VEZERIDIS (401) 864-4364

    Listing date Feb 10, 2026

    MLS# 1404677

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    East Greenwich Medical Office Space

    This 1543 square foot unit, presently configured as a medical office, offers great visibility and is located on the first floor. The space features a waiting room and hallway with an attractive chair rail and bean board leading to three exam rooms. There are two offices, one in the rear with exterior access and one in the front. A spacious business station includes countertops and a window to the waiting room. The property has new carpeting and vinyl plank flooring. The kitchenette, which has a door to the exterior, is equipped with a refrigerator, countertop, sink, table, and four chairs. There are also two powder rooms and a storage room with linoleum flooring. A new electric high-efficiency heat pump/AC unit was installed in 2024. The unit includes a utility room and parking for three cars in the rear near the back door, with additional common parking in the front. A curb cut in front provides handicapped accessibility. The property is conveniently located on Route 1 (Post Road) in the middle of the state, one hour from Boston and one hour from Connecticut, with easy access to Route 4, Route 2, and Route 95. The property is located in the vibrant Town of East Greenwich.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Greenwich Bay Animal Hospital, Safe Harbor Veterinary Services

    Location Insight

    • Map
    • Local Demand
    City
    East Greenwich
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.468529
    Latitude
    41.635604

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    FAQs

    What type of property is this?
    Medical office - Mint condition medical office space in East Greenwich, Rhode Island.
    Where is this medical office located?
    The property is located at 5835 Post Rd, Unit 110 East Greenwich, RI.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - High-visibility first-floor end unit with side-of-building signage on Rt. 1 (Post Rd).; - Currently configured as a mint-condition medical office with 3 exam rooms, 2 offices, and a spacious business station.; - New, high-efficiency electric heat pump/AC unit installed in 2024.
    (401) 439-7705
    Request Owner's contact information
    5835 Post Rd, Unit 110 East Greenwich, RI 02818
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    East Greenwich, RI 02818
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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
    5835 Post Rd, Unit 110 East Greenwich, RI 02818
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    We can help!
    Listing Contact
    Therese VEZERIDIS
    (401) 439-7705 (401) 885-8400 (401) 864-4364
    Learn more
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