Versatile Industrial Flex
75 Roberts Street West Warwick, RI 02893
75 Roberts Street, West Warwick, RI, 02893
$699,900
For Sale
$699,900
Flexible commercial/industrial building with ground-level loading and high ceilings, suited for a range of warehouse and production uses.
Property Size8,560 SF
Price / SF$81.76
Days on Market52
Property Features for 75 Roberts Street
General Information
- Standard status
- Active
- Size
- 8,560 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing Agency
RE/MAX Properties
(401) 232-7900
Listed by
Karl Martone · License #145726
(401) 232-7900
Source
Liongatere
Added: May 28 Checked: Jul 17 at 9:44 am
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 RE/MAX Properties
Investment Insights
Based on property information with market context.
This versatile commercial/industrial building offers approximately 8,560 square feet of flexible open space designed to support a variety of operations. The layout is adaptable and can be divided to accommodate multiple uses or tenants, while ground-level loading doors support efficient day-to-day move-in and shipping activities. High ceilings further enhance the functionality of the space for storage and light production workflows.
Located at 75 Roberts Street in West Warwick, the property is configured for practical customer and employee access with on-site parking for employees, customers, or fleet vehicles. The ground-level loading setup is positioned to support straightforward logistics for warehouse operations, distribution, or contractor storage needs.
The building’s combination of flexible interior configuration, loading access, and ceiling height makes it a strong fit for owner-users seeking a workable headquarters and storage option. It can also be considered by investors or operators looking for a property that may be divided to support more than one tenant or use. Businesses that need room to operate, receive goods, and run light manufacturing or flex operations should find the current configuration aligns with common industrial requirements.
Located at 75 Roberts Street in West Warwick, the property is configured for practical customer and employee access with on-site parking for employees, customers, or fleet vehicles. The ground-level loading setup is positioned to support straightforward logistics for warehouse operations, distribution, or contractor storage needs.
The building’s combination of flexible interior configuration, loading access, and ceiling height makes it a strong fit for owner-users seeking a workable headquarters and storage option. It can also be considered by investors or operators looking for a property that may be divided to support more than one tenant or use. Businesses that need room to operate, receive goods, and run light manufacturing or flex operations should find the current configuration aligns with common industrial requirements.
Key Highlights
- 8,560 SF commercial/industrial building built in 1940
- Ground‑level loading doors for warehouse, distribution, and production use
- Super high ceilings to support a variety of operations
Local Financial Insights For Flex RnD
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 | $85.3k | $9.96 |
| − Vacancy | −$4.3k | −$0.50 |
| EGI | $81.0k | $9.46 |
| − OpEx | −$28.3k | −$3.31 |
| NOI | $52.6k | $6.15 |
8,560 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$752.1K
$658.1K – $877.5K
NOI $52,647 @ 7.0% cap · market cap 7.52%
Second Best
Warehouse
$595.6K
$521.1K – $694.9K
NOI $41,691 @ 7.0% cap · market cap 5.96%
Theoretical Best
Specialty Retail
$2.14M
$1.88M – $2.50M
NOI $150,074 @ 7.0% cap · market cap 21.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- DE Vine Foods — 1143 Main St, West Warwick, RI 02893
- Just Like Mom's Meal Prep — 11 Curson St, West Warwick, RI 02893
- Millonzi Fine Catering — 11 Curson St, West Warwick, RI 02893
- Touch of Class Catering — 1143 Main St, West Warwick, RI 02893
FAQs
What type of property is this?
Flex space - Flexible commercial/industrial building with ground-level loading and high ceilings, suited for a range of warehouse and production 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 $699,900.
What are key features of this property?
This property features: 8,560 SF commercial/industrial building built in 1940; Ground‑level loading doors for warehouse, distribution, and production use; Super high ceilings to support a variety of operations
