75 Roberts, West Warwick, RI 02893
8,800 SF commercial building suitable for cannabis cultivation/processing.
- Added:
- Nov 5, 2025
- Days on Market:
- 234
- Last Refresh:
- Mar 16 at 11:02 am
Property Features for 75 Roberts
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Lot size
- 0.23 Acres
Building Details
- Year Built
- 1940
Listing office YOUR HOME SOLD GUARANTEED, NCT (401) 232-7661
Listing date Nov 5, 2025
Source Corcoran
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HighLights
- 8,800 SF block building ideal for light industrial, warehouse, or cannabis use.
- State‑approved marijuana cultivation facility with edibles processing kitchen.
- Class A Rhode Island state cultivation license available.
- 240/400‑amp electrical service and strong mechanical infrastructure.
- Ceiling heights from 14’ to 24’ offering excellent flexibility.
- Previously used as a lumber yard and machine shop, suitable for various commercial purposes.
Overview
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 | $52.8k | $6.00 |
| − Vacancy | −$2.4k | −$0.27 |
| EGI | $50.4k | $5.73 |
| − OpEx | −$7.6k | −$0.86 |
| NOI | $42.9k | $4.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.526886
- Latitude
- 41.701244