Retail Property Near Train
For Sale
Contact for pricing
84-86 Kilvert St, Warwick, RI
Two buildings on half acre near Warwick train station.
Property Size5,174 SF
Lot Size0.47 Acres
Price / SF$173.95
Days on Market315
Property Features for 84-86 Kilvert St
General Information
Standard status
Active
Size
5,174 SF
Lot size
0.47 Acres
Property subtype
RETAIL
Listing Agency:
Sweeney Real Estate &Appraisal
(401) 331-9300
Listed By:
Thomas O Sweeney
(401) 523-5101
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:01AM
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 Sweeney Real Estate &Appraisal
Investment Insights
Based on property information with market context.
This property features two buildings situated on a half-acre of land. It is located within the Intermodal District, an area designed to promote development around the train station, as detailed in the City Centre Warwick Station Development District Master Plan and the Warwick Comprehensive Community Plan. The property has Inter model Zoning and offers great potential. The total property size is 5174 square feet.
Key Highlights
- Two buildings on half acre of land.
- Inter model Zoning.
- Located in the Intermodal District.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,884
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,680
$1.3M
Cap Rate 7%
$955,486
$955.5K
Cap Rate 9%
$743,156
$743.2K
Market Conditions
NOI Build-Up for 5,174 SF
Gross rent
$98.1K $18.96/SF
− Vacancy
−$2.6K −$0.49/SF
EGI
$95.5K $18.47/SF
− OpEx
−$28.7K −$5.54/SF
NOI
$66.9K $12.93/SF
Area
Kent County, RI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,680
Cap Rate 7%
$955,486
Cap Rate 9%
$743,156
Alternative Uses
Best Use
Retail
$955.5K
$836.1K – $1.11M
NOI $66,884 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.13M – $1.51M
NOI $90,711 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 32%
Hotels & Casinos 17%
Apparel 4%
Wendy's
Dining
18,711 visits/mo
0.2 miles
Sunoco
Shops & Services
15,542 visits/mo
0.2 miles
Burger King
Dining
13,038 visits/mo
0.5 miles
Shell
Shops & Services
11,482 visits/mo
0.2 miles
IHOP
Dining
10,387 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Two buildings on half acre near Warwick train station.
Where is this retail property located?
The property is located at 84-86 Kilvert St Warwick, RI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two buildings on half acre of land.; Inter model Zoning.; Located in the Intermodal District.
