Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flex Warehouse with Office Ready Facade Title is generated by Realmo AI

    376 Dry Bridge Road #J2, North Kingstown, RI 02852

    View on Map
    Claim this Listing
    For Sale
    $599,000

    Heated warehouse with 20' clear span ceilings, ground-level doors, and office-ready frontage for light industrial operations.

    Type:Commercial
    Property size:
    2,500 SF
    Price / SF:
    $239/SF
    Added:
    May 5, 2026
    Days on Market:
    32
    Last Refresh:
    Jun 5 at 2:17 am

    Property Features for 376 Dry Bridge Road #J2

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2014

    We can help!

    Listing Contact
    Michael Russo
    Michael Russo

    Listing agent Michael Russo License #REB.0017244

    Listing office RI Real Estate Services

    Listing date May 5, 2026

    Source Liongatere

    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 RI Real Estate Services

    HighLights

    • 2014‑built Unit J2 in Dry Bridge Commerce Park (North Kingstown, RI)
    • 2,500 SF heated warehouse with 20' clear span ceilings
    • 12'x14' ground‑level doors plus shared 10'x10' truck‑level loading dock
    • Front facade with 4 windows ready for office buildout; 3‑phase electric and restroom
    • Condo fee includes water, septic, exterior/grounds maintenance, and master insurance
    • Available for lease at $22.00/sf annually plus utilities

    Overview

    Unit J2 at Dry Bridge Commerce Park is a heated warehouse space designed for light industrial and R&D use, with 20' clear span ceilings to support practical operations. The unit includes a 12' x 14' ground level door and a shared 10' x 10' truck level loading dock, providing straightforward loading and receiving. A front facade with four bright windows offers an office buildout option if a tenant wants customer-facing or administrative space at the property. Inside, the unit is provided with 3-phase electric and a restroom.

    The park is located in North Kingstown, Rhode Island, with convenient access to major routes and nearby employment and travel nodes including Quonset/Port of Davisville and the RI Airport. It is positioned to serve businesses that need convenient regional connectivity and a clean, well-maintained environment.

    This unit is well-suited for tenants seeking an efficient warehouse configuration combined with the ability to add office space along the front. Ample parking for employees supports day-to-day staffing, and the loading accommodations can help support larger truck needs for inbound and outbound logistics. Condo-style ownership also includes water, septic, exterior/grounds maintenance, and master insurance within the modest fee, simplifying some operating responsibilities.
    Location Intelligence

    Current Use by Public Records

    MGM Express Movers Moving Company Distefano Brothers Concrete ... General Contractor Rhode Island Shed ... Construction Company Schroff Technologies International ... Industrial Manufacturer Hutchco Displays Production Facility

    Suggested Use

    Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Kitchen & Bath Showroom Storage Facility Garden Center

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

    Similar Places Nearby

    • Pleasant Street Wharf Boat Storage — 260 Dry Bridge Rd, North Kingstown, RI 02852
    • MGM Express Movers — 376 dry bridge rd, north kingstown, ri 02852

    Location Insight

    • Map
    • Local Demand
    City
    North Kingstown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.5109688
    Latitude
    41.5509374

    Nearby Similar for Sale

    • $599,000
      2,500 SF

      North Kingstown Commercial Flex Space

      2,500 SF flex space in desirable Dry Bridge Commerce Park.
      376 Dry Bridge Road, North Kingstown, RI 02852
      View Details
    • $1,395,000
      6,193 SF

      Flex Warehouse with Built-Out Office

      Light industrial flex setup pairs heated warehouse height with a prepared office for day-to-day operations.
      376 Dry Bridge Road, North Kingstown, RI 02852
      View Details
    • $599,900
      2,581 SF

      Two-Family Residential Income Property

      Two-unit home with additional detached outbuilding and garage space, positioned for owner-occupants or investors seeking rehab potential.
      385 Ten Rod Road, North Kingstown, RI 02852
      View Details
    • $1,850
      1,100 SF

      Prime Retail Space Available

      1100 SF retail space in North Kingstown business district.
      3520 Quaker Lane, North Kingstown, RI 02852
      View Details
    • $2,500
      1,000 SF

      Versatile Commercial Unit For Sale

      Flexible commercial unit ideal for various business operations and storage.
      335 Compass Circle, North Kingstown, RI 02852
      View Details
    • $15
      3,625 SF

      North Kingstown Commercial Flex Space

      Flexible commercial unit suitable for manufacturing, warehouse, or studio.
      220 Old Baptist Road, North Kingstown, RI 02852
      View Details
    • $2,995,000
      4,200 SF

      North Kingstown Commercial Property For Sale

      Family-owned business and real estate on 1.6 acres available.
      6595 Post Road, North Kingstown, RI 02852
      View Details
    • $19
      6,193 SF

      Flex Warehouse with Built-Out Office

      Heated warehouse with high ceilings, loading access, and a built-out office suited for mixed operations and administration.
      376 Dry Bridge Road, North Kingstown, RI 02852
      View Details
    • $1,395,000
      4,800 SF

      North Kingstown Warehouse with Office

      Heated warehouse with office space and mezzanine.
      376 Dry Bridge Road #H1H2, North Kingstown, RI 02852
      View Details
    • $599,000
      2,500 SF

      Heated Warehouse Flex Unit

      Heated warehouse unit with office-ready front facade, 20' clear span ceilings, and loading access for light industrial use.
      J2-376 Dry Bridge Rd, North Kingstown, RI
      View Details
    • $850,000
      5,000 SF

      Quonset Point Commercial Condominium

      Multi-purpose commercial/industrial condominium in Quonset Point Business Park.
      315 Commerce Park #2, North Kingstown, RI 02852
      View Details
    • $949,000
      3,841 SF

      Versatile Flex Space in Commerce Park

      Flex space with warehouse and office in desirable location.
      376 Dry Bridge #B2, North Kingstown, RI 02852
      View Details

    FAQs

    What type of property is this?
    Warehouse - Heated warehouse with 20' clear span ceilings, ground-level doors, and office-ready frontage for light industrial operations.
    Where is this warehouse located?
    The property is located at 376 Dry Bridge Road #J2 North Kingstown, RI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 2014‑built Unit J2 in Dry Bridge Commerce Park (North Kingstown, RI); 2,500 SF heated warehouse with 20' clear span ceilings; 12'x14' ground‑level doors plus shared 10'x10' truck‑level loading dock
    (401) 465-0417
    We can help!
    Listing Contact
    Michael Russo
    Michael Russo
    Real Estate License ID: REB.0017244
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    376 Dry Bridge Road #J2, North Kingstown, RI 02852
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!