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    2485 Warwick Ave Warwick, RI 02889

    For Lease
    Contact for pricing

    High-traffic Warwick, RI storefront; 15,663 sq ft available.

    Lot size:
    54,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Crossroads Plaza, a thriving neighborhood shopping center in Warwick, RI's Meadowbrook/Warwick Neck area, presents a prime retail opportunity. This 54,855 square foot center sits on a 9-acre lot along heavily trafficked Route 117A, offering exceptional visibility and accessibility. Currently, 15,663 square feet of retail space is available for lease within this multi-tenant property, built in 1984. The plaza boasts a strong tenant mix, including established national brands like Big Lots, Dollar Tree, Family Dollar, and H&R Block. Its strategic location directly across from a high-volume Stop & Shop supermarket within a 103,440 square foot shopping center ensures consistent foot traffic and a robust customer base. The surrounding area features additional high-traffic businesses such as CVS, Dunkin', Walgreens, and a Stop & Shop gas station, further enhancing the plaza's appeal. With ample parking (303+ spaces) and an A10 zoning designation, Crossroads Plaza is ideally suited for a variety of retail and service-oriented businesses seeking a prominent location in a thriving commercial area of Kent County. This opportunity offers significant potential for growth and success within a well-established and highly visible retail environment.

    Property Features for 2485 Warwick Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,855 SF

    Building Details

    Year Built
    1984

    Unit(s) available at that property

    Space
    Suite Available
    Size
    15,663 SF

    HighLights

    • Retail storefront property totaling 54,855 square feet.
    • 15,663 square feet of vacant space available for lease.
    • Nine‑acre lot size.
    • Built in 1984.
    • 303+ parking spaces.
    • A10 zoning designation in Kent County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store Coinstar Kiosk | Bitcoin ... Atm Big Lots Discount Store Dollar Tree Grocery Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.3989514
    Latitude
    41.7099693

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Warwick, RI storefront; 15,663 sq ft available.
    Where is this individual retail property located?
    The property is located at 2485 Warwick Ave Warwick, RI.
    What are key features of this property?
    This property features: Retail storefront property totaling 54,855 square feet.; 15,663 square feet of vacant space available for lease.; Nine-acre lot size.
    Request Owner's contact information
    2485 Warwick Ave 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
    2485 Warwick Ave Warwick, RI 02889
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