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Warwick Executive Park Office Condo

250 D Centerville Rd Warwick, RI

250 D Centerville Rd, Warwick, RI, 00000
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Full-floor 5,000 SF office condo in Warwick Executive Park.

Property Size5,000 SF
Lot Size7.66 Acres
Price / SF$143.80
AddedJul 7, 2025
Days on Market374
Last RefreshMay 20 at 8:49 pm

Property Features for 250 D Centerville Rd

General Information

Standard status
Active
Size
5,000 SF
Lot size
7.66 Acres
Property subtype
OFFICE

Listing office MG Commercial

Listing date Jul 7, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of MG Commercial


Investment Insights

Based on property information with market context.

This full-floor, 5,000 SF office condominium is located in the Warwick Executive Park. The suite features windows on three sides, providing ample daylight. The current configuration includes two executive offices, a large reception area, and a bullpen area. The unit also contains two restrooms and a large eat-in kitchenette. Additionally, there is 2,000 SF of open plan space that can be configured as needed. The units may be subdivided to create rental income for new ownership, with the ability to configure common area restrooms.

Key Highlights

  • Full‑floor, 5,000 SF office condominium.
  • Windows on three sides providing ample daylight.
  • Potential for subdivision to create rental income.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $103.2k $20.64
− Vacancy −$21.3k −$4.27
EGI $81.9k $16.37
− OpEx −$20.5k −$4.09
NOI $61.4k $12.28
5,000 SF · lease $20.64/SF/yr · vacancy 20.67% · expense 25.00%

Alternative Uses

Best Use
Office B
$877.2K
$767.5K – $1.02M (±1% cap)
NOI $61,401 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,660 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

FAQs

What type of property is this?
Office units - Full-floor 5,000 SF office condo in Warwick Executive Park.
Where is this office units located?
The property is located at 250 D Centerville Rd Warwick, RI.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Full‑floor, 5,000 SF office condominium.; Windows on three sides providing ample daylight.; Potential for subdivision to create rental income.
Contact an agent
(401) 751-3200 Call to check price and availability
More about this property
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