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    1584 Warwick Ave Warwick, RI 02889

    For Sale
    $2,900,000

    Retail building with vacant restaurant, auto service building on 1.52± acres.

    Property size:
    3,152 SF
    Lot size:
    0.82 Acres

    Property Features for 1584 Warwick Ave

    General Information

    Size
    3,152 SF
    Lot size
    0.82 Acres

    Source: Sweeney Real Estate &Appraisal Agent Thomas O Sweeney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warwick Retail and Auto Property

    This property, located at Hoxie Four Corners, comprises 1.52± acres of land and features a 4,404±SF retail building. The retail building includes a 1,252±SF leased unit and a 3,152±SF vacant restaurant space with a drive-thru. Additionally, there is a 6,000±SF auto service building equipped with six drive-in doors. The property is zoned General Business District (GB) and benefits from high traffic volume, with 25,522 vehicles passing by daily. Situated at the intersection of Airport Road and Warwick Avenue (RT 117A), the location is near Dave’s Market, Walgreens, D’Angelos, and Starbucks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.406312
    Latitude
    41.7331531

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail building with vacant restaurant, auto service building on 1.52± acres.
    Where is this drive through restaurant located?
    The property is located at 1584 Warwick Ave Warwick, RI.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Vacant 3,152±SF Restaurant Space with Drive-Thru; - High Traffic Volume: 25,522; - 6,000±SF Auto Service Building with Six (6) Drive-In Doors
    (401) 331-9300
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    Realmo Value Estimation

    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.

    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.

    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
    1584 Warwick Ave Warwick, RI 02889
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