Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    831 Bald Hill Rd Warwick, RI 02886

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office suites with ample parking and highway access in Warwick.

    Property size:
    1,600 SF
    Lot size:
    0.61 Acres

    Property Features for 831 Bald Hill Rd

    General Information

    Size
    1,600 SF
    Lot size
    0.61 Acres

    We can help!

    Listing Contact
    Whitney Rugg
    Source: Moodyscre

    Listing Agent: Whitney Rugg

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

    Learn more

    Property Insight Report

    Overview

    Highly Visible Warwick Office Space

    This recently acquired, owner-occupied office building offers flexible suites ranging from 1,600 to 3,200 square feet. Located on Bald Hill Road (Route 2) in Warwick, the property benefits from high visibility with a traffic count of 44,000 cars per day. The location provides easy access to Route 95 and is surrounded by ample amenities. On-site parking is available at a ratio of over 6 spaces per 1,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nikki G - REALTOR/Sales ... Real Estate Agency North Star Group Real Estate Agency The Stone Alliance at Coldwell ... Real Estate Agency MIKE GOULD - Coldwell ... Real Estate Agency COLDWELL BANKER RESIDENTIAL ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4880716
    Latitude
    41.7157487

    Nearby Similar for Lease

    • $16 SF/Yr
      1,500 SF

      High-Traffic Retail/Office Space Available

      1500 SF retail/office space on high-traffic Post Road.
      1255 Post Rd, Warwick, RI 02888
      View Details
    • Contact for pricing
      30,000 SF

      Class A Office Building Available

      Modern 30,000 SF office building near RI Airport.
      1 International Way, Warwick, RI 02886
      View Details
    • Contact for pricing
      1,800 SF

      Shared Office Space Available

      Shared office space with utilities included, convenient location, ample parking.
      36 Bellair Ave, Warwick, RI 02886
      View Details
    • $14 SF/Yr
      28,850 SF

      Jefferson Blvd Medical Office Space

      Warwick, RI: Prime Medical Office Suites Available
      155 Jefferson Blvd, Warwick, RI 02888
      View Details
    • Contact for pricing
      2,775 SF

      Retail Space on Bald Hill

      2,777 SF retail space in Warwick, Rhode Island.
      1200 Bald Hill Rd, Warwick, RI 02886
      View Details
    • $3,200 /Mo
      3,341 SF

      Flex Space/Light Industrial Building

      3200 SF flex space with office and warehouse.
      133 Hallene Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Warwick Office Space - Toll Gate Rd

      Prime Office Space, Ample Parking, Great Location
      215 Toll Gate Unit 302 Rd, Warwick, RI 02886
      View Details
    • $19 SF/Yr
      95,000 SF

      Airport Office Park - Warwick, RI

      Prime Warwick Office Space: 6,400 SF Available
      2350 Post Road-Airport Professional Park, Warwick, RI 02886
      View Details
    • Contact for pricing
      2,106 SF

      Retail Space in Warwick Center

      Retail spaces available in a busy Warwick shopping center.
      1000 Bald Hill Rd, Warwick, RI 02886
      View Details
    • Contact for pricing
      54,855 SF

      Crossroads Plaza Retail Space Available

      High-traffic Warwick, RI storefront; 15,663 sq ft available.
      2485 Warwick Ave, Warwick, RI 02889
      View Details
    • $12 SF/Yr
      5,395 SF

      Ross-Simons Plaza Office Suites

      Warwick, RI Executive Office Space Available
      120 Lambert Lind Hwy, Warwick, RI 02886
      View Details
    • Contact for pricing
      102,295 SF

      Warwick Retail Center - For Lease

      High-traffic retail space, ample parking.
      945 Bald Hill Rd, Warwick, RI 02886
      View Details

    FAQs

    What type of property is this?
    Office space - Office suites with ample parking and highway access in Warwick.
    Where is this office space located?
    The property is located at 831 Bald Hill Rd Warwick, RI.
    What are key features of this property?
    This property features: - Highly visible location with 44,000 CPD; - Ample on-site parking (over 6/1,000 SF); - Easy highway access via Route 95
    (401) 474-4879
    Call for status update
    Request Owner's contact information
    831 Bald Hill Rd Warwick, RI 02886
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    831 Bald Hill Rd
    Warwick, RI 02886
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    831 Bald Hill Rd Warwick, RI 02886
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Whitney Rugg
    (401) 474-4879
    Learn more
    Google sign-in failed. Please try again or use another login method.