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    21 College Hill Rd Warwick, RI 02886

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    For Sale
    Contact for pricing

    Class A Office, Parking Included, RI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office space, located at 21 College Hill Road in Warwick, Rhode Island, presents a unique investment opportunity. The property, built in 1989, encompasses a single unit within a well-maintained building, offering 15,119 square feet of lot space. Situated on the second floor, this traditional office space boasts convenient off-street parking, a significant advantage in a bustling area. The building itself is meticulously managed, ensuring a professional and comfortable environment for tenants. The asking price for this single-unit property is $29.34 million. The monthly rent is $550.00. This property is ideal for businesses seeking a prestigious address in Warwick, RI, with easy access to amenities and transportation. The property's location in Kent County, zip code 02886, provides excellent visibility and accessibility. The building's excellent condition and convenient parking make it a highly desirable location for a variety of businesses. This is a rare opportunity to acquire a well-maintained, Class A office space in a prime location. The property's size and features make it suitable for a range of professional uses. The asking price reflects the property's value and potential for strong returns. Don't miss this chance to secure this exceptional office space.

    Property Features for 21 College Hill Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1989
    Buildings
    1
    Units
    1

    HighLights

    • $29.34M asking price.
    • 1989‑built, single‑unit office building.
    • Traditional office space, suitable for specialty services.
    • 15,119 sq ft lot.
    • Located at 21 College Hill Road, Warwick, RI 02886.
    • Second‑floor Class A office space with off‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    abm group Contractor THERESA TEOFILAK-WILSON Counselor Keystone Real Estate ... Real Estate Agency Grossi George Law Firm Happy and Free Healing ... Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4857868
    Latitude
    41.7136972

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, Parking Included, RI
    Where is this office property / space located?
    The property is located at 21 College Hill Rd Warwick, RI.
    What is the asking price?
    The asking price for this property is $29.
    What are key features of this property?
    This property features: $29.34M asking price.; 1989-built, single-unit office building.; Traditional office space, suitable for specialty services.
    Request Owner's contact information
    21 College Hill Rd Warwick, RI 02886
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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
    21 College Hill Rd Warwick, RI 02886
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