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    Comstock Pkwy Cranston, RI 02921

    For Lease
    $13 SF/Yr

    Modern RI warehouse, flexible space options

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Comstock Parkway Industrial Center offers exceptional industrial space in Cranston, Rhode Island. This fully approved, two-building development, situated within Western Cranston Industrial Park, provides convenient access to I-295 via newly improved exit 6 and the rebuilt Route 6/Route 10 connector. Phase 1, a 50,000 to 70,000 square foot building, is nearing completion with a Q1 2025 delivery date. This building is divisible into 10,000+ square foot units, offering flexibility for various business needs. Features include twelve loading docks, one drive-in door per tenant, 50' x 50' column spacing (typical) with a 60' speed bay, 60 vehicle parking spaces, on-site trailer parking, and a 32' clear height. The building boasts a 7" reinforced floor slab and ample industrial-grade utilities, including gas, electric, water, and sewer, with 2000 AMP, 3-phase, 227/480V power. The 17.31-acre site is zoned Light Industrial (M-1). Phase 2, a 200,000 square foot building, will commence as a build-to-suit project or begin construction in Q1 2025 for a late 2025 delivery. The property's location benefits from proximity to a newly constructed Seasons trucking gas station with high-speed diesel and DEF pumps. This prime location offers businesses easy access to Providence and surrounding areas.

    Property Features for 0 Comstock Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF

    Unit(s) available at that property

    Space
    Phase One | Comstock Parkway
    Size
    70,000 SF
    Rate per SF
    $13
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5161849
    Latitude
    41.7885794

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    FAQs

    What type of property is this?
    Life science property - Modern RI warehouse, flexible space options
    Where is this life science property located?
    The property is located at Comstock Pkwy Cranston, RI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
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    Comstock Pkwy Cranston, RI 02921
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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

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    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
    Comstock Pkwy Cranston, RI 02921
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