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    Commercial Property for Rent Title is generated by Realmo AI

    125 Clay St, Central Falls, RI 02863

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    For Lease
    Contact for pricing

    Commercial property available for rent in Central Falls, Rhode Island.

    Type:Industrial
    Added:
    Oct 29, 2024
    Days on Market:
    584
    Last Refresh:
    May 11 at 10:36 pm

    Property Features for 125 Clay St

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1900

    Spaces For Lease

    at 125 Clay St Contact us

    B103A $10/Mo

    Size
    165 SF
    Type
    Industrial
    Contact us

    105 $9/Mo

    Size
    4,580 SF
    Type
    Industrial
    Direct loading dock access, private entrance.
    Contact us

    B114 $10/Mo

    Size
    1,146 SF
    Type
    Industrial
    Contact us

    106 $15/Mo

    Size
    3,745 SF
    Type
    Industrial
    Contact us

    211 $12/Mo

    Size
    2,220 SF
    Type
    Industrial
    Contact us

    208 $20/Mo

    Size
    298 SF
    Type
    Industrial
    Contact us

    110/135 Clay $10/Mo

    Size
    3,872 SF
    Type
    Industrial
    Contact us

    B115 $6/Mo

    Size
    3,860 SF
    Type
    Industrial
    Large basement space with several rooms, great for storage, warehouse uses, etc.
    Contact us

    214 $12/Mo

    Size
    2,286 SF
    Type
    Industrial
    Contact us

    303 $12/Mo

    Size
    1,350 SF
    Type
    Industrial
    Contact us

    317 $20/Mo

    Size
    550 SF
    Type
    Industrial
    Contact us

    109 $8/Mo

    Size
    2,828 SF
    Type
    Industrial
    Contact us

    305 $17/Mo

    Size
    450 SF
    Type
    Industrial
    Contact us

    330 $10/Mo

    Size
    90 SF
    Type
    Industrial
    Contact us

    331 $10/Mo

    Size
    510 SF
    Type
    Industrial
    Contact us

    B123 $6/Mo

    Size
    267 SF
    Type
    Industrial
    Contact us

    319/320 $10/Mo

    Size
    1,225 SF
    Type
    Industrial
    Contact us

    335 $10/Mo

    Size
    1,043 SF
    Type
    Industrial
    Contact us

    301 $20/Mo

    Size
    580 SF
    Type
    Industrial
    Contact us

    325 $10/Mo

    Size
    1,763 SF
    Type
    Industrial
    Contact us

    202O $17/Mo

    Size
    512 SF
    Type
    Industrial
    Contact us

    323 $10/Mo

    Size
    1,195 SF
    Type
    Industrial
    Contact us

    334 $15/Mo

    Size
    274 SF
    Type
    Industrial
    Contact us

    332 $10/Mo

    Size
    536 SF
    Type
    Industrial
    Contact us

    207O $17/Mo

    Size
    220 SF
    Type
    Industrial
    Contact us

    312 $20/Mo

    Size
    316 SF
    Type
    Industrial
    Contact us

    206 $20/Mo

    Size
    303 SF
    Type
    Industrial
    Contact us

    201 $20/Mo

    Size
    Type
    Industrial
    Contact us
    Show more

    We can help!

    Listing Contact
    Eric R. Cornwell

    Listing agent Eric R. Cornwell License #RS320596

    Listing office KW Commercial Bucks County Central

    Listing date Oct 29, 2024

    Source Crexi

    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 KW Commercial Bucks County Central

    HighLights

    • Commercial property available for rent.
    • Located in Central Falls, Rhode Island.
    • Year Built: 1900.
    • Established location.
    • Opportunity for business in Central Falls.
    • Rental opportunity.

    Overview

    Located in Central Falls, Rhode Island, this commercial property at 125 Clay St is available for rent. The property is classified under specialty properties, including other specialty property types and general commercial real estate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ralph Car Donation ... Charitable Organization Crystal Wholesale Big Box & Wholesale Store Royalty Creations Beauty ... Spa & Massage Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Central Falls
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3914646
    Latitude
    41.883086

    Nearby Similar for Lease

    • $2,000/Mo
      1,200 SF

      Versatile Commercial Units For Rent

      New commercial units with flexible space for rent.
      14 Conduit #2, Central Falls, RI 02864
      View Details
    • $1,800/Mo
      500 SF

      Prime Commercial Space Available

      Street-level storefront with basement, high visibility, great location.
      539 Broad, Central Falls, RI 02863
      View Details
    • Contact for pricing
      4,580 SF

      Historic Mill Building Studio Spaces

      Unique studio spaces in a revitalizing historic mill building.
      125-135 Clay Street, Central Falls, RI 02863
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for rent in Central Falls, Rhode Island.
    Where is this specialty property located?
    The property is located at 125 Clay St Central Falls, RI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Commercial property available for rent.; Located in Central Falls, Rhode Island.; Year Built: 1900.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Eric R. Cornwell
    Real Estate License ID: RS320596
    Request Owner's contact information
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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