Flex Facility with Backup
For Sale
Contact for pricing
95 Amaral St, Riverside, RI 02915
Large-scale flex facility with adaptable office areas, loading access, extensive parking, and full generator support.
Property Size133,632 SF
Lot Size17.49 Acres
Price / SF$93.50
Days on Market420
Property Features for 95 Amaral St
General Information
Standard status
Active
Size
133,632 SF
Lot size
17.49 Acres
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Dock-High Doors
2
Amenities
high ceilings
loading docks
charging stations
full generator backup power with UPS
Building Details
Building Size
133,632 SF
Listing Agency:
MG Commercial
(401) 751-3200
Listed By:
George Paskalis, SIOR · License ##REB.0019529
(401) 374-7038
Source:
Moodyscre
Added: Jul 7, 2025
Changed: Aug 30
Last Checked: Aug 30 at 12:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MG Commercial
Investment Insights
Based on property information with market context.
This flex facility encompasses approximately 133,632 square feet on a 17.49-acre site. The building includes adaptable interior layouts, high ceilings, more than 400 workstations, over 40 private offices, two loading docks, and a compactor dock. Full generator backup power with UPS supports the facility’s operational infrastructure.
The property provides on-site parking for over 660 vehicles, along with charging stations. Its access to major highways and regional transportation supports a range of office, call center, manufacturing, research and development, or redevelopment considerations identified for the site.
The property provides on-site parking for over 660 vehicles, along with charging stations. Its access to major highways and regional transportation supports a range of office, call center, manufacturing, research and development, or redevelopment considerations identified for the site.
Key Highlights
- ±133,632‑square‑foot flex facility on a 17.49‑acre site
- Over 400 workstations and 40+ private offices
- Two loading docks plus a compactor dock
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$826,203
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,524,060
$16.5M
Cap Rate 7%
$11,802,900
$11.8M
Cap Rate 9%
$9,180,033
$9.2M
Market Conditions
NOI Build-Up for 133,632 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.33M $9.96/SF
− Vacancy
−$59.9K −$0.45/SF
EGI
$1.27M $9.51/SF
− OpEx
−$444.9K −$3.33/SF
NOI
$826.2K $6.18/SF
Area
Providence County, RI
Vacancy
4.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$16,524,060
Cap Rate 7%
$11,802,900
Cap Rate 9%
$9,180,033
Alternative Uses
Best Use
Office B
$24.68M
$21.59M – $28.79M
NOI $1,727,301 @ 7.0% cap · market cap 13.82%
Second Best
Flex RnD
$11.80M
$10.33M – $13.77M
NOI $826,203 @ 7.0% cap · market cap 6.61%
Theoretical Best
Multifamily LT 5
$31.79M
$27.81M – $37.08M
NOI $2,225,037 @ 7.0% cap · market cap 17.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02915, RI
16,603
Population
7,746
Households
2.1
Avg Household Size
47
Median Age
36%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
3,019
Density / Sq Mi
$90,558
Median Household Income
$61,062
Median Earnings
$1,482
Median Rent
$317,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Large-scale flex facility with adaptable office areas, loading access, extensive parking, and full generator support.
Where is this flex space located?
The property is located at 95 Amaral St Riverside, RI.
What is the asking price?
The asking price for this property is $12,495,000.
What are key features of this property?
This property features: ±133,632‑square‑foot flex facility on a 17.49‑acre site; Over 400 workstations and 40+ private offices; Two loading docks plus a compactor dock
