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    181 Bellevue Ave Newport, RI 02840

    Sponsored
    For Lease
    $10 SF/Yr

    12,000 SF Industrial Warehouse Space

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000 square foot warehouse space, located at 181 Bellevue Avenue in Newport, Rhode Island, presents a unique leasing opportunity. Situated within the lower level of Bellevue Gardens, this single-tenant industrial property offers convenient access via stairs or a freight elevator located at the rear of the building. The property also boasts access to a truck-level overhead garage door, ensuring efficient loading and unloading capabilities. Currently situated beneath 'A Market' and 'Fitness 500', this space is ideal for a variety of businesses requiring ample storage and convenient access. The total area of approximately 12,000 square feet is highly adaptable; the space can be subdivided into smaller units to accommodate specific tenant needs, with pricing adjusted accordingly per square foot. This prime Newport County location offers significant advantages for businesses seeking a functional and well-situated warehouse in a vibrant area. The flexible layout and convenient access make this property an attractive option for a range of industrial and distribution operations. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 181 Bellevue Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Unit(s) available at that property

    Space
    Size
    12,000 SF
    Rate per SF
    $10

    HighLights

    • Industrial warehouse/distribution space for lease in Newport County.
    • Single‑tenant occupancy.
    • 12,000 square feet available.
    • Located at 181 Bellevue Avenue, Newport, RI.
    • Access via stairs, freight elevator, and truck‑level overhead door.
    • Subdivision into smaller units possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.310407799291
    Latitude
    41.483238644617

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    FAQs

    What type of property is this?
    Distribution property - 12,000 SF Industrial Warehouse Space
    Where is this distribution property located?
    The property is located at 181 Bellevue Ave Newport, RI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Industrial warehouse/distribution space for lease in Newport County.; Single-tenant occupancy.; 12,000 square feet available.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    181 Bellevue Ave Newport, RI 02840
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