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Drive-In Warehouse Flex Units
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75 Tupelo St, Bristol, RI 02809

2014-built flex/warehouse units feature drive-in doors and are separately metered for gas and electricity.

Property Size6,000 SF
Price / SF$225
Days on Market276

Property Features for 75 Tupelo St

General Information

Standard status Active
Size 6,000 SF
Property subtype INDUSTRIAL
Listing Agency: MG Commercial
Listed By: Whitney Rugg · License ##REB.0019529
Source: Moodyscre
Added: Oct 31, 2025 Changed: Jul 27 Last Checked: Aug 1 at 1:43PM

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.

Tupelo Cove is a 2014-built commercial and tradesman park consisting of two 15,000 SF buildings. Units are designed for flexible use and each includes a drive-in door, with separate utility metering for gas and electricity. The park is described as modern and meticulously maintained.

Currently available are a 1,500 SF unit with one drive-in door and a 6,000 SF unit with four drive-in doors. Each unit is separately metered for gas and electricity, and the electrical service is listed as 3 phase, 120/208V.

The property is located in Bristol, Rhode Island between Route 114 and Route 136, adjacent to the Bristol Industrial Park. Access to the East Bay and proximity to Aquidneck Island are noted in the remarks.

Key Highlights

  • 2014‑built commercial/tradesman park with two 15,000 SF buildings (flex/warehouse space)
  • Available unit: 1,500 SF with one drive‑in door
  • Available unit: 6,000 SF with four drive‑in doors

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 $133.2k $22.20
− Vacancy −$9.3k −$1.55
EGI $123.9k $20.65
− OpEx −$43.4k −$7.23
NOI $80.5k $13.42
6,000 SF · lease $22.20/SF/yr · vacancy 7.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,519 @ 7.0% cap · market cap 5.96%
Second Best
Warehouse
$945.1K
$827.0K – $1.10M (±1% cap)
NOI $66,157 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,513 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Oxford Plastics USA Factory Langerman Design Marketing & Advertising Kinder Industries Inc Textile Manufacturer Carbon Ocean Yachts Corporate Office Coastal Kitchens Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02809, RI

22,493
Population
9,670
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,295
Density / Sq Mi
$96,005
Median Household Income
$41,266
Median Earnings
$1,352
Median Rent
$447,500
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 2014-built flex/warehouse units feature drive-in doors and are separately metered for gas and electricity.
Where is this flex space located?
The property is located at 75 Tupelo St Bristol, RI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2014‑built commercial/tradesman park with two 15,000 SF buildings (flex/warehouse space); Available unit: 1,500 SF with one drive‑in door; Available unit: 6,000 SF with four drive‑in doors
(401) 474-4879 Call to check price and availability
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