Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Quaker Ln North Kingstown, RI 02852
    Property profile & analytics

    Quaker Ln, North Kingstown, RI 02852

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Quaker Ln

    Year built
    2024
    Property type
    Land

    Description

    This exceptional 60,984 square foot commercial land parcel is located at 0 Quaker Lane in North Kingstown, Rhode Island, zip code 02852. Situated in Washington County, this property boasts over 400 feet of frontage on a high-traffic road, ensuring excellent visibility for any business. The lot is zoned "Heavy Business," offering a wide range of development possibilities. Infrastructure is partially in place, with existing foundation, electricity, and water connections already established. Built in 2024, this property presents a unique opportunity for immediate development. While no approvals are currently in place, this presents a blank canvas for a discerning buyer to tailor the property to their specific needs. The asking price is $180,000. Buyers are strongly encouraged to conduct their own due diligence to verify zoning and development possibilities. This is a rare opportunity to acquire a significant commercial lot in a thriving Rhode Island location. Don't miss out on this chance to establish your business in a high-visibility, high-traffic area. Act quickly to secure this prime piece of commercial real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Kingstown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.4988
    Latitude
    41.5929

    Comparable in this City

    • Value Estimation by Request
      73.02 Acres

      862 Quidnessett Rd

      Land
      862 Quidnessett Rd, North Kingstown, RI 02852
      View Details
    • Value Estimation by Request
      0.80 Acres

      1035 Ten Rod Rd

      Retail properties & Spaces
      1035 Ten Rod Rd, North Kingstown, RI 02852
      View Details
    • Value Estimation by Request
      1.51 Acres

      6630 Post Rd

      Land
      6630 Post Rd, North Kingstown, RI 02852
      View Details
    • Value Estimation by Request
      0.80 Acres

      1035 Ten Rod Rd

      Land
      1035 Ten Rod Rd, North Kingstown, RI 02852
      View Details
    • Value Estimation by Request
      0.80 Acres

      1035 Ten Rod Rd

      Land
      1035 Ten Rod Rd, North Kingstown, RI 02852
      View Details
    • Value Estimation by Request

      6770 Post Rd Rd

      Churches & religious facilities
      6770 Post Rd Rd, North Kingstown, RI 02852
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      900 SF

      Land For Sale

      Land available for sale.
      7470 Post Rd, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      North Kingstown Commercial Land Opportunity

      1.71 acre commercial lot with high visibility and traffic.
      4000 Quaker Ln, North Kingstown, RI 02852
      View Details
    • $649,000
      5.27 Acres

      North Kingstown Mixed-Use Opportunity

      Mixed-use property with development or rehab potential in North Kingstown.
      159 Ten Rod Rd, North Kingstown, RI 02852
      View Details
    • $399,000
      1.71 Acres

      North Kingstown Commercial Land Opportunity

      1.71 acre commercial lot with high visibility.
      4000 Quaker Ln, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      Post Road Commercial Land Available

      1.38 acre commercial land on busy Post Road.
      7470 Post Rd, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      Pad Site in Retail Center

      0.8+/- AC pad site in a busy retail center.
      1035 Ten Rod Rd, North Kingstown, RI 02852
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Quonset State Airport Land Available

      Land for rent at Quonset State Airport.
      210 Airport St, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      Quonset State Airport Land Opportunity

      Land for rent at Quonset State Airport.
      125 Zarbo Ave, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      Quonset Airport Land Opportunity

      Land available at Quonset State Airport, North Kingstown, RI.
      150 Airport St, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      Quonset Airport Land Opportunity

      Land available at Quonset State Airport.
      Airport St, North Kingstown, RI 02852
      View Details
    • Contact for pricing

      Retail Land Near Stop & Shop

      Land available in shopping center anchored by Stop & Shop.
      100 Frenchtown Rd, North Kingstown, RI 02852
      View Details
    • $1.00 SF/Yr

      Prime Retail Land for Lease

      Highly visible land parcels available for retail development.
      7595 Post Rd, North Kingstown, RI 02852
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Quaker Ln
    North Kingstown, RI 02852
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Quaker Ln, North Kingstown, RI, 02852
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!