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Industrial Building Near Route 95

55 Electronics Dr Warwick, RI 02888

55 Electronics Dr, Warwick, RI, 02888
$1,895,000
For Sale
Claim this Listing
$1,895,000

17,200 sq ft industrial building with highway visibility.

Property Size17,200 SF
Lot Size1.40 Acres
Price / SF$110.17
AddedMar 31
Days on Market107
Last RefreshMay 25 at 10:13 pm

Property Features for 55 Electronics Dr

General Information

Standard status
Active
Size
17,200 SF
Lot size
1.40 Acres

Listing office Williams & Stuart Real Estate

Listing date Mar 31, 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 Williams & Stuart Real Estate


Investment Insights

Based on property information with market context.

This 17,200 sq. ft. clear-span building is located just off Route 95 at the Jefferson Blvd exit, offering accessibility and visibility from the highway. The building features 16-foot ceilings, gas heat, and office space. It also includes two overhead doors for loading and operations. Situated on a 1.4-acre site, the property supports parking and outdoor storage, suitable for fleets, equipment, or contractor yards. The location provides billboard visibility and proximity to Routes 37 and 295, making it suitable for a range of commercial uses. The property includes both lots 49 & 120.

Key Highlights

  • Prime location with unmatched accessibility directly off Route 95 at the Jefferson Blvd exit.
  • High visibility from the highway and billboard signage opportunity.
  • 17,200 sq. ft. clear‑span building with 16‑foot ceilings.

Local Financial Insights For Warehouse

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 $6.00
− Vacancy −$4.6k −$0.27
EGI $98.6k $5.73
− OpEx −$14.8k −$0.86
NOI $83.8k $4.87
17,200 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Office B
$3.02M
$2.64M – $3.52M (±1% cap)
NOI $211,221 @ 7.0% cap · market cap 11.15%
Second Best
Warehouse
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,773 @ 7.0% cap · market cap 4.42%
Theoretical Best
Specialty Retail
$4.31M
$3.77M – $5.03M (±1% cap)
NOI $301,550 @ 7.0% cap · market cap 15.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Pinnacle Discount Center Electronics & Wireless Store

Suggested Use

Restaurant Real Estate Agency Storage Facility Hotel & Motel Grocery & Convenience Store Hair Salon Nail Salon Pharmacy Food Market Bakery

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

Similar Off Market Nearby

  • Public Storage — 71 Freeway Dr, Cranston, RI 02920
  • iStorage — 50 Okeefe Ln, Warwick, RI 02888
  • Atlantic Marine Transport & Service — 54 Manson Ave, Warwick, RI 02888

FAQs

What type of property is this?
Warehouse - 17,200 sq ft industrial building with highway visibility.
Where is this warehouse located?
The property is located at 55 Electronics Dr Warwick, RI.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Prime location with unmatched accessibility directly off Route 95 at the Jefferson Blvd exit.; High visibility from the highway and billboard signage opportunity.; 17,200 sq. ft. clear‑span building with 16‑foot ceilings.
Contact an agent
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