Warwick Industrial Building For
For Sale
Contact for pricing
675 West Shore Road, Warwick, RI 02889
17,326 SF industrial building ideal for distribution or manufacturing.
Property Size17,326 SF
Lot Size1.00 Acre
Price / SF$92.06
Days on Market239
Property Features for 675 West Shore Road
General Information
Standard status
Active
Size
17,326 SF
Lot size
1.00 Acre
Property subtype
Industrial
Zoning
V (Ind Model 96)
Building Details
Year Built
1950
Listing Agency:
Sentry Commercial
Listed By:
Zach Pasquin · License #RI
(860) 528-0884
Source:
Crexi
Added: Feb 9
Changed: Oct 6
Last Checked: Oct 5 at 4:51PM
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 Sentry Commercial
Investment Insights
Based on property information with market context.
The property at 675 West Shore Road, Warwick, RI, is a 17,326 square foot industrial building situated on 1 acre. The building features a 14-foot clear height, one dock, and one drive-in door. It is suitable for distribution, storage, or light manufacturing. The location offers proximity to T.F. Green Airport, Interstate 95, and the Port of Davisville, providing access to major transportation routes, making it a location for logistics and distribution operations.
Key Highlights
- Prime Warwick location with easy access to T.F. Green Airport, Interstate 95, and the Port of Davisville.
- 17,326 SF industrial building suitable for distribution, storage, or light manufacturing.**
- Features one dock and one drive‑in door.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,386
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,720
$1.7M
Cap Rate 7%
$1,205,514
$1.2M
Cap Rate 9%
$937,622
$937.6K
Market Conditions
NOI Build-Up for 17,326 SF
Gross rent
$104.0K $6.00/SF
− Vacancy
−$4.7K −$0.27/SF
EGI
$99.3K $5.73/SF
− OpEx
−$14.9K −$0.86/SF
NOI
$84.4K $4.87/SF
Area
Kent County, RI
Vacancy
4.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,720
Cap Rate 7%
$1,205,514
Cap Rate 9%
$937,622
Alternative Uses
Best Use
Warehouse
$1.21M
$1.05M – $1.41M
NOI $84,386 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.34M
$3.80M – $5.06M
NOI $303,759 @ 7.0% cap · market cap 19.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02889, RI
28,277
Population
11,947
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
8.5 sq mi
ZIP Area
3,327
Density / Sq Mi
$85,617
Median Household Income
$50,988
Median Earnings
$1,216
Median Rent
$299,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 17,326 SF industrial building ideal for distribution or manufacturing.
Where is this warehouse located?
The property is located at 675 West Shore Road Warwick, RI.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Prime Warwick location with easy access to T.F. Green Airport, Interstate 95, and the Port of Davisville.; 17,326 SF industrial building suitable for distribution, storage, or light manufacturing.**; Features one dock and one drive‑in door.
