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597 County Rt. 2 Trl Exeter, RI 02822

OFF-MARKET Commercial real estate Google Maps
1,650 SF 2.17 ac lot Built 2024
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 1,650 square foot commercial condominium is situated in the desirable South Trail Commerce Center on Route 2 in Exeter, Rhode Island. Boasting a prime location within Eastern Exeter's Business District, this brand-new unit offers a unique blend of functionality and modern upgrades. The space features a convenient overhead door, perfect for various uses, alongside a thoughtfully designed office loft area. Custom modifications enhance the property's appeal, including upgraded flooring, improved restrooms, a central air conditioning system, and upgraded lighting and electrical systems. A notable feature is the inclusion of an RV pump-out system within the unit itself. This makes the property exceptionally well-suited for use as a high-end personal storage garage, catering to the needs of those storing automobiles, RVs, boats, or other valuable personal assets. The property sits on a 2.17-acre lot and is available for immediate occupancy. For businesses requiring more space, the adjoining unit is also available for purchase. The monthly condo association fee is $200. This versatile property presents a rare opportunity to acquire a modern, well-equipped commercial space in a highly convenient location.

Property profile

Verified
Property type Commercial real estate
Year built 2024
Total area 1,650 SF
Lot 2.17 ac (94,525 SF)

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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