Retail/Office Space For
95 Nooseneck Hill Road, West Greenwich, RI 02817
For Sale
Contact for pricing
1,588 SqFt retail or office space available.
Property Size1,588 SF
Price / SF$314.80
Days on Market241
Property Features for 95 Nooseneck Hill Road
General Information
Standard status
Size
Property subtype
Building Details
Tenancy
Listing Agency:
Cushman & Wakefield Hayes & Sherry Real Estate Service
Listed By:
David Lucivero · License RI RES.0030865
(401) 273-2068
Source:
Crexi
Added: Mar 17
Changed: Nov 6
Last Checked: Nov 12 at 5:30AM
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 Cushman & Wakefield Hayes & Sherry Real Estate Service
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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.
This commercial property offers 1,588 square feet of retail or office space. The property is suitable for retail or office use.
Key Highlights
- Retail Property
- 1,588 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,528
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,560
$410.6K
Cap Rate 7%
$293,257
$293.3K
Cap Rate 9%
$228,089
$228.1K
Market Conditions
NOI Build-Up for 1,588 SF
Gross rent
$30.1K $18.96/SF
− Vacancy
−$783 −$0.49/SF
EGI
$29.3K $18.47/SF
− OpEx
−$8.8K −$5.54/SF
NOI
$20.5K $12.93/SF
Area
Kent County, RI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,560
Cap Rate 7%
$293,257
Cap Rate 9%
$228,089
Alternative Uses
Best Use
Retail
$293.3K
$256.6K – $342.1K
NOI $20,528 @ 7.0% cap · market cap 4.11%
Second Best
Office B
$278.6K
$243.8K – $325.0K
NOI $19,501 @ 7.0% cap · market cap 3.90%
Theoretical Best
Specialty Retail
$397.7K
$348.0K – $464.0K
NOI $27,841 @ 7.0% cap · market cap 5.57%
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
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 02817, RI
6,528
Population
2,509
Households
2.6
Avg Household Size
46
Median Age
35%
College-Educated
91%
High-School Grad
50.3 sq mi
ZIP Area
130
Density / Sq Mi
$137,485
Median Household Income
$64,676
Median Earnings
$1,977
Median Rent
$500,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail properties & Spaces in Kent County, RI
Properties on Market for Retail properties & Spaces in Kent County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail property - 1,588 SqFt retail or office space available.
Where is this retail property located?
The property is located at 95 Nooseneck Hill Road West Greenwich, RI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Retail Property; 1,588 SqFt
