Flex Space with Loading
For Sale
$599,900
75 Roberts Street, West Warwick, RI 02893
Commercial/Business,Commercial Sale, West Warwick, RI
Property Size8,560 SF
Lot Size0.23 Acres
Price / SF$70.08
Days on Market50
Property Features for 75 Roberts Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
6
Security features
Security
Interior features
Ceiling Height (9 to 12 Ft)
Lot features
Suburban
Standard status
Active
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9261
Utilities
Sewer type
Cesspool
Heating system
Forced Air
Cooling system
Ductless, Central Air
Building Details
Year built
1940
Building materials
Frame, Masonry
Listing Agency:
Re/Max Properties · RE/MAX International
(401) 232-3900
Listed By:
Karl Martone · License #REB.0013618
(401) 232-7900
Added: Aug 18
Changed: Sep 12
Last Checked: Oct 6 at 10:06PM
MLS# 1420954
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8,560 SF flex property at 75 Roberts Street combines open commercial space with ground-level loading access and a layout that can be configured for separate areas or occupants. The building’s 9-to-12-foot ceiling range, frame and masonry construction, and on-site parking support a range of operational requirements. Warehouse, light manufacturing, contractor, distribution, and other commercial applications are identified for the property.
Constructed in 1940, the building is served by forced-air heating and both ductless and central air conditioning. The 0.227-acre site uses a cesspool for sewer service and is located in West Warwick, RI 02893. Its flexible interior arrangement can accommodate businesses seeking adaptable work, storage, or production space.
Constructed in 1940, the building is served by forced-air heating and both ductless and central air conditioning. The 0.227-acre site uses a cesspool for sewer service and is located in West Warwick, RI 02893. Its flexible interior arrangement can accommodate businesses seeking adaptable work, storage, or production space.
Key Highlights
- 8,560 SF flex space at 75 Roberts Street
- Ground‑level loading doors support warehouse and operational access
- 9‑to‑12‑foot ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,647
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,940
$1.1M
Cap Rate 7%
$752,100
$752.1K
Cap Rate 9%
$584,967
$585.0K
Market Conditions
NOI Build-Up for 8,560 SF
Gross rent
$85.3K $9.96/SF
− Vacancy
−$4.3K −$0.50/SF
EGI
$81.0K $9.46/SF
− OpEx
−$28.3K −$3.31/SF
NOI
$52.6K $6.15/SF
Area
Kent County, RI
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,940
Cap Rate 7%
$752,100
Cap Rate 9%
$584,967
Alternative Uses
Best Use
Flex RnD
$752.1K
$658.1K – $877.5K
NOI $52,647 @ 7.0% cap · market cap 8.78%
Second Best
Warehouse
$595.6K
$521.1K – $694.9K
NOI $41,691 @ 7.0% cap · market cap 6.95%
Theoretical Best
Specialty Retail
$2.14M
$1.88M – $2.50M
NOI $150,074 @ 7.0% cap · market cap 25.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02893, RI
31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
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- Millonzi Fine Catering — 11 Curson St, West Warwick, RI 02893
- Touch of Class Catering — 1143 Main St, West Warwick, RI 02893
- DE Vine Foods — 1143 Main St, West Warwick, RI 02893
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable ground-level commercial space supports warehouse, manufacturing, and distribution uses.
Where is this flex space located?
The property is located at 75 Roberts Street West Warwick, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 8,560 SF flex space at 75 Roberts Street; Ground‑level loading doors support warehouse and operational access; 9‑to‑12‑foot ceiling height
