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    120 Lambert Lind Hwy Warwick, RI 02889

    Sponsored
    For Lease
    $0.03 SF/Yr

    High-traffic area, ample parking, 5,395 sq ft.

    Lot size:
    5,395 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Warwick, Rhode Island commercial property at 120 Lambert Lind Highway offers a single-tenant occupancy opportunity within a thriving commercial area. The building, situated on a substantial 40,000 square foot lot, boasts a total of 5,395 square feet of usable space, ideal for office or retail use. The property includes one building with a total of one suite, providing a cohesive and efficient workspace. Ample parking is available with 60 spaces to accommodate employees and clients. The location provides excellent visibility and accessibility, with convenient access to major roadways including I-295 and I-95, ensuring easy commutes for employees and customers. This property is part of an established commercial area, sharing its location with reputable businesses such as Edward Jones, Northeast Furs, and Fred Astaire Studio, creating a strong and desirable business environment. The property type encompasses office, land, and retail uses, offering flexibility for a variety of business needs. The building's single-tenant occupancy ensures a streamlined and efficient operation. This is a rare opportunity to acquire a well-located, spacious commercial property in a high-demand area. The property's size and amenities make it an attractive option for businesses seeking a prominent presence in Warwick, Rhode Island. The zip code is 02889.

    Property Features for 120 Lambert Lind Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,395 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    5,395 SF
    Rate per SF
    $0.03

    HighLights

    • 120 Lambert Lind Highway, Warwick, RI 02889: Single‑tenant, 5,395 SF building on a 40,000 SF lot.
    • Ideal for office or retail use with ample parking (60 spaces).
    • Excellent visibility and accessibility near I‑295 and I‑95.
    • Located in an established commercial area with strong neighboring businesses.
    • Offers flexibility for various business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Annarummo & Associates Ins Insurance Agency Northeast Furs and Luxury ... Fur Service Fred Astaire Dance ... Dance School Financial Wize Mortgage ... Assisted Living Facility Edward Jones - Financial ... Financial Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.3705616
    Latitude
    41.7068743

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic area, ample parking, 5,395 sq ft.
    Where is this individual retail property located?
    The property is located at 120 Lambert Lind Hwy Warwick, RI.
    What is the lease rate?
    The lease rate is $0.03 SF/Yr.
    What are key features of this property?
    This property features: 120 Lambert Lind Highway, Warwick, RI 02889: Single-tenant, 5,395 SF building on a 40,000 SF lot.; Ideal for office or retail use with ample parking (60 spaces).; Excellent visibility and accessibility near I-295 and I-95.
    Request Owner's contact information
    120 Lambert Lind Hwy Warwick, RI 02889
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    Warwick, RI 02889
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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
    120 Lambert Lind Hwy Warwick, RI 02889
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