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    FOR SALE
    Industrial properties

    217 Church St, South Kingstown, RI 02879

    23,040 SF 2.94 ac lot Built 1970
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US76-0070722
    Property summary
    AI-generated overview

    This exceptional single-tenant industrial warehouse at 217 Church Street, South Kingstown, RI 02879, offers 8,000 square feet of versatile space on a substantial 128,066 square foot lot. The property features a convenient grade-level, large overhead door, perfect for efficient loading and unloading. High ceilings provide ample vertical space for storage or specialized equipment. The building is zoned Ind M-96 and includes 15 parking spaces, a significant advantage for employees and clients. The property boasts gas heating and is connected to town water and sewer lines, ensuring reliable utilities. This single-story building presents a rare opportunity for businesses seeking a well-located industrial space in South Kingstown. Its spacious layout and convenient amenities make it suitable for a wide range of industrial and commercial uses. The property's size and zoning provide flexibility for various business operations. The ample parking and convenient access further enhance its appeal. Don't miss this chance to secure a prime industrial property in a desirable Rhode Island location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1970
    Construction STEEL FRAME
    Total area 23,040 SF
    Lot 2.94 ac (128,066 SF)
    Zoning code IND1
    APN SKIN P:049-4 L:000144
    UPID US76-0070722
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.86M
    CAP Approach CAP
    $1.66M
    Comparable Approach Comparable
    $2.39M
    Blend (final) Blend
    $1.78M
    Owner & transaction history
    Onarol LLC · 4 yrs held
    Onarol LLC
    since 2021
    Last sale
    $1.5M
    1 recorded transaction
    2021
    $1.5M
    Zoning & alternative use
    IND1 · South Kingstown, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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