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    535 Prospect St Pawtucket, RI 02860

    For Sale
    $1,300,000

    Single tenant net leased investment property in Pawtucket, Rhode Island.

    Property size:
    35,000 SF
    Lot size:
    2.15 Acres

    Property Features for 535 Prospect St

    General Information

    Size
    35,000 SF
    Lot size
    2.15 Acres

    Source: Rodman Real Estate, Inc. Agent Sheldon E Rodman

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

    Overview

    Pawtucket Manufacturing/Warehouse Net Leased Investment

    This property is a single tenant net leased investment. The tenant, Blow Molded Specialists, has occupied the building since 2000, with a lease term running through 2020. The building encompasses a total area of 35,000 square feet. The improvements include over 4,000 square feet of office space located in the front of the building, and over 2,000 square feet of finished mezzanine space located to the rear of the main offices. The remainder of the space consists of open manufacturing and warehouse area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Blow Molded Specialties Plastic Fabrication Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3706576
    Latitude
    41.8618172

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    FAQs

    What type of property is this?
    Manufacturing property - Single tenant net leased investment property in Pawtucket, Rhode Island.
    Where is this manufacturing property located?
    The property is located at 535 Prospect St Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Single tenant net leased investment.; - Tenant has occupied the building since 2000.; - Lease term runs through 2020.
    (401) 273-2270
    Request Owner's contact information
    535 Prospect St Pawtucket, RI 02860
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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
    535 Prospect St Pawtucket, RI 02860
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