Commercial Real Estate Market in Chepachet, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
13 active listings and 128 off-market properties in Chepachet, RI.
Market Trends
Chepachet, RI spans 43.4 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Chepachet, RI asks $189/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Chepachet, RI asks $180/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Chepachet, RI runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Chepachet, RI asks $207/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Chepachet, RI has 7,549 residents in 3,249 households. Density runs 174 people per square mile. Median household income here is $109,632 and median gross rent $1,046 a month.
7,549
Population
3,249
Households
2.3
Avg Household Size
48
Median Age
32%
College-Educated
95%
High-School Grad
43.4 sq mi
ZIP Area
174
Density / Sq Mi
$109,632
Median Household Income
$58,446
Median Earnings
$1,046
Median Rent
$376,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glocester | $196 (county avg) | — |
| Foster | $196 (county avg) | — |
| Burrillville | $196 (county avg) | $17.35 |
Commercial property in Chepachet, RI asks $196/SF. The 3 bordering markets run from $196/SF in Glocester to $196/SF in Glocester, and the city sits in line with their $196/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chepachet?
Commercial property in Chepachet, RI asks an average of $196 per square foot. The 5 most recent recorded sales traded at a median of $129/SF, so asking sits 53% above the achieved median. Multifamily carries the highest asking price at $207/SF.
How does Chepachet compare to nearby markets on price?
Chepachet, RI asks $196/SF against $196/SF in Glocester, $196/SF in Foster and $196/SF in Burrillville.
Where does Realmo's Chepachet market data come from?
Realmo compiles Chepachet, RI figures from 7 recent recorded sales, 11 active sale listings, 2 active lease listings, 128 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 2 active for-lease listings in Chepachet, RI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
