Office
New
For Sale
$249,900
931 Jefferson Boulevard, Warwick, RI 02886
Commercial/Business,Commercial Sale, Warwick, RI
Property Size1,500 SF
Lot Size2.00 Acres
Price / SF$166.60
Days on Market3
Property Features for 931 Jefferson Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security
Lot features
Paved, Office Park
Standard status
Active
Lot size
2.00 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4499
HOA Fee
$466 Monthly
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2005
Floors in Building
1
Building materials
Masonry
Listing Agency:
Re/Max Properties · RE/MAX International
(401) 232-3900
Listed By:
Paul Harrison · License #RES.0042365
(401) 473-7059
Added: Oct 27
Last Checked: Oct 29 at 10:06PM
MLS# 1427100
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office offering is in a masonry building constructed in 2005, with central heating and central air conditioning. The property is identified as Class A and occupies a 2-acre parcel.
Interstate 95 and T.F. Green International Airport are both described as minutes away, providing regional road and air access.
Interstate 95 and T.F. Green International Airport are both described as minutes away, providing regional road and air access.
Key Highlights
- 2‑acre parcel
- Masonry construction
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,420
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,400
$368.4K
Cap Rate 7%
$263,143
$263.1K
Cap Rate 9%
$204,667
$204.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$31.0K $20.64/SF
− Vacancy
−$6.4K −$4.27/SF
EGI
$24.6K $16.37/SF
− OpEx
−$6.1K −$4.09/SF
NOI
$18.4K $12.28/SF
Area
Kent County, RI
Vacancy
20.67%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,400
Cap Rate 7%
$263,143
Cap Rate 9%
$204,667
Alternative Uses
Best Use
Office B
$263.1K
$230.3K – $307.0K
NOI $18,420 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$375.7K
$328.7K – $438.3K
NOI $26,298 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 02886, RI
29,373
Population
13,669
Households
2.1
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
1,859
Density / Sq Mi
$91,037
Median Household Income
$52,851
Median Earnings
$1,300
Median Rent
$334,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Central heating and air conditioning serve the space.
Where is this office unit located?
The property is located at 931 Jefferson Boulevard Warwick, RI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2‑acre parcel; Masonry construction; Built in 2005
