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

    175 Nate Whipple Hwy, Unit 101 Cumberland, RI 02864

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr

    Medical office suite in established corridor, ideal for satellite practice.

    Property Features for 175 Nate Whipple Hwy

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Gregory Smith
    Source: Exprealty

    Listing Agency: Boucher Real Estate Listing Agent: Gregory Smith

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

    Learn more

    Overview

    Medical Office Space in Cumberland

    This 1,070 square foot medical office suite is located in Cumberland, Rhode Island. The space is suitable for a satellite practice, specialty clinic, or other medical use. The layout is adaptable and can support exam rooms, consultation areas, and administrative functions. The property is located within an established medical corridor and is surrounded by complementary healthcare services. It benefits from strong visibility, ample parking, and convenient access for patients traveling from Northern Rhode Island and nearby Massachusetts communities.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Similar Places Nearby

    Cumberland Animal Hospital, Devlin Elisabeth

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4478204
    Latitude
    41.9782762

    Nearby Similar for Lease

    • Contact for pricing
      87,042 SF

      Mendon Road Retail Center

      Cumberland, RI Shopping Center - Spaces Available
      70 Mendon Rd, Cumberland, RI 02864
      View Details
    • $16 SF/Yr
      61,000 SF

      Cumberland Plaza: Retail Space Available

      Prime Retail Space, 3,506 SF, Full Kitchen
      2000 Mendon Rd, Cumberland, RI 02864
      View Details
    • Contact for pricing
      5,000 SF

      Commercial Kitchens For Lease

      Individual commercial kitchens for lease in Cumberland, Rhode Island.
      1800 Mendon Rd, Cumberland, RI 02864
      View Details
    • Contact for pricing
      6,222 SF

      Prime Cumberland Retail Space

      6,222 SF Restaurant, High Traffic Area
      405 Mendon Rd, Cumberland, RI 02864
      View Details
    • $19 SF/Yr
      2,350 SF

      Cumberland Office Condo for Lease

      Prime Office Space, CVS-Anchored Park
      1300 Highland Corporate Dr, Cumberland, RI 02864
      View Details
    • $16 SF/Yr

      Move-In Ready Medical Office Space

      Medical office space with plumbed exam rooms and great natural light.
      106 Nate Whipple Hwy, Cumberland, RI 02864
      View Details
    • $16 SF/Yr
      18,000 SF

      Cumberland Office Space For Rent

      18,000 SF office space with on-site property management.
      30 Martin St, Cumberland, RI 02864
      View Details
    • Contact for pricing

      Freestanding Restaurant with Drive-Thru

      Freestanding ±3,400 SF restaurant with drive-thru on 0.91 acres.
      Cumberland, RI 02864
      View Details
    • $20 SF/Yr
      1,500 SF

      Professional Office Space Available

      Office space for rent on high traffic Mendon Road.
      1985 Mendon Rd, Cumberland, RI 02864
      View Details
    • $19 SF/Yr
      1,500 SF

      Cumberland Office Space For Rent

      Well-maintained office building with ample parking and easy highway access.
      2176 Mendon Rd, Cumberland, RI 02864
      View Details
    • $16 SF/Yr
      3,150 SF

      Industrial Flex Space For Rent

      Industrial flex space available for rent, ideal for warehouse.
      45 Industrial Rd, Cumberland, RI 02864
      View Details
    • $16 SF/Yr
      2,100 SF

      Retail Space in High-Traffic Mall

      2,100 SF retail space ideal for various businesses.
      1764 Mendon Rd, Cumberland, RI 02864
      View Details

    FAQs

    What type of property is this?
    Medical office - Medical office suite in established corridor, ideal for satellite practice.
    Where is this medical office located?
    The property is located at 175 Nate Whipple Hwy, Unit 101 Cumberland, RI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Highly accessible location in an established medical corridor with strong visibility and ample parking.; - Ideal for satellite practice, specialty clinic, or other medical use.; - Adaptable layout supports exam rooms, consultation areas, and administrative functions.
    (401) 439-6964
    Request Owner's contact information
    175 Nate Whipple Hwy, Unit 101 Cumberland, RI 02864
    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.
    175 Nate Whipple Hwy, Unit 101
    Cumberland, RI 02864
    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
    175 Nate Whipple Hwy, Unit 101 Cumberland, RI 02864
    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!
    Listing Contact
    Gregory Smith
    (401) 439-6964
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.