Industrial Warehouse with Loading
102 Dean Knauss Drive, Narragansett, RI 02882
For Sale
Contact for pricing
Industrial-zoned warehouse with dock access, mezzanine storage, and three-phase electrical service.
Property Size10,440 SF
Lot Size1.00 Acre
Price / SF$0.00
Days on Market56
Property Features for 102 Dean Knauss Drive
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Utilities to Site
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Three-Phase Power
Building Details
Year Built
Listing Agency:
RI Real Estate Services
(401) 885-5400
Listed By:
Michael Russo · License RI REB.0018125
(401) 465-0417
Source:
Lockandkeyre
Added: Sep 16
Changed: Nov 8
Last Checked: Nov 10 at 7:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RI Real Estate Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1992, this 10,440-square-foot warehouse and manufacturing building sits on an acre of industrial-zoned land. The facility includes 18-foot ceilings, a 12-foot ground-level door, a 12-foot loading dock door, mezzanine storage, and 3 Phase Electrical service. Public utilities serve the property.
The property is located at 102 Dean Knauss Drive in Narragansett, with access to Route 1 and proximity to South County, Newport, and surrounding points. I-A zoning supports a range of industrial property uses, subject to applicable requirements.
The property is located at 102 Dean Knauss Drive in Narragansett, with access to Route 1 and proximity to South County, Newport, and surrounding points. I-A zoning supports a range of industrial property uses, subject to applicable requirements.
Key Highlights
- 10,440‑square‑foot warehouse and manufacturing building
- 18' ceilings support warehouse and production operations
- 12' ground‑level door and 12' loading dock door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,854
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,080
$977.1K
Cap Rate 7%
$697,914
$697.9K
Cap Rate 9%
$542,822
$542.8K
Market Conditions
NOI Build-Up for 10,440 SF
Gross rent
$73.1K $7.00/SF
− Vacancy
−$3.3K −$0.32/SF
EGI
$69.8K $6.69/SF
− OpEx
−$20.9K −$2.01/SF
NOI
$48.9K $4.68/SF
Area
Washington County, RI
Vacancy
4.50%
Lease Rate
$7.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,080
Cap Rate 7%
$697,914
Cap Rate 9%
$542,822
Alternative Uses
Best Use
Warehouse
$847.5K
$741.5K – $988.7K
NOI $59,323 @ 7.0% cap
Second Best
Industrial
$697.9K
$610.7K – $814.2K
NOI $48,854 @ 7.0% cap
Theoretical Best
Healthcare Medical
$2.09M
$1.83M – $2.43M
NOI $146,014 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02882, RI
12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Prime Storage — 11 Sextant Ln, Narragansett, RI 02882
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial-zoned warehouse with dock access, mezzanine storage, and three-phase electrical service.
Where is this warehouse located?
The property is located at 102 Dean Knauss Drive Narragansett, RI.
What are key features of this property?
This property features: 10,440‑square‑foot warehouse and manufacturing building; 18' ceilings support warehouse and production operations; 12' ground‑level door and 12' loading dock door
