Free-Standing Industrial
66 Libera St Cranston, RI 02920
66 Libera St, Cranston, RI, 02920
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For Sale
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Free-standing concrete block industrial building with two loading docks and on-site parking on a 0.61-acre lot.
Property Size13,022 SF
Lot Size0.61 Acres
Price / SF$76.41
Days on Market99
Property Features for 66 Libera St
General Information
- Standard status
- Active
- Size
- 13,022 SF
- Lot size
- 0.61 Acres
- Property subtype
- Industrial
Listing agency
MG Commercial
(401) 751-3200
Listed by
Julie Freshman · License #0019769
Source
Crexi
Added: Apr 15 Updated: Jul 22 at 12:11PM Checked: Jul 22 at 12:11PM
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.
66 Libera Street is a 13,022 SF +/- free-standing concrete block industrial building on a 0.61-acre lot. The property includes two loading docks and an on-site parking lot, and it also features an additional 2,050 SF +/- of lower-level space.
The offering is positioned as a flexible industrial facility that can be repurposed for a variety of commercial uses. The current improvements support logistics and warehousing needs through the presence of two loading docks and dedicated parking.
The building’s size and configuration include both main industrial space and a separate lower-level component, providing multiple areas within the same site.
The offering is positioned as a flexible industrial facility that can be repurposed for a variety of commercial uses. The current improvements support logistics and warehousing needs through the presence of two loading docks and dedicated parking.
The building’s size and configuration include both main industrial space and a separate lower-level component, providing multiple areas within the same site.
Key Highlights
- 13,022 SF +/- free‑standing concrete block industrial building
- Situated on a 0.61‑acre lot with an on‑site parking lot
- Two loading docks
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 | $97.7k | $7.50 |
| − Vacancy | −$586 | −$0.05 |
| EGI | $97.1k | $7.46 |
| − OpEx | −$14.6k | −$1.12 |
| NOI | $82.5k | $6.34 |
13,022 SF · lease $7.50/SF/yr · vacancy 0.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,517 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.10M
$2.71M – $3.61M
NOI $216,823 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Rhode Island Bead ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Springfield Self Storage — 67 Elena St, Cranston, RI 02920
- US Storage Space — 505 Atwood Ave, Cranston, RI 02920
FAQs
What type of property is this?
Warehouse - Free-standing concrete block industrial building with two loading docks and on-site parking on a 0.61-acre lot.
Where is this warehouse located?
The property is located at 66 Libera St Cranston, RI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 13,022 SF +/- free‑standing concrete block industrial building; Situated on a 0.61‑acre lot with an on‑site parking lot; Two loading docks
