5-75 Division Rd West Greenwich, RI 02817
Recently renovated building with high traffic and development potential.
Property Features for 5-75 Division Rd
General Information
- Standard status
- Active
- Size
- 3,108 SF
Listing office BHHS Commonwealth Real Estate (401) 742-6050
Listing date Jan 14, 2026
Source Exprealty
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 BHHS Commonwealth Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location at the corner of Division Road and New London Turnpike, near I‑95 exit.
- Close proximity to major developments including the new State Police Headquarters and the Center of New England (1000+ residential units).
- Recently renovated building with a one‑bedroom luxury apartment.
Local Financial Insights For Specialty Retail
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 | $74.6k | $24.00 |
| − Vacancy | −$1.9k | −$0.62 |
| EGI | $72.7k | $23.38 |
| − OpEx | −$18.2k | −$5.84 |
| NOI | $54.5k | $17.53 |
Alternative Uses
Property Analytics
Current Use by Public Records
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