0 Progress Way Tiverton, RI 02878
This exceptional 20,000-square-foot industrial property, constructed in 2024, is ideally situated on a 6.042-acre lot in Tiverton, Rhode Island, zip code 02878. The building offers a single-tenant occupancy configuration, perfect for a business seeking ample space and privacy. The property's versatile design caters to various industrial needs, including manufacturing, warehousing, and distribution. Key features include high ceilings, a large overhead garage door, and a comprehensive sprinkler system, ensuring a safe and efficient operational environment. Ample on-site parking is available for employees and clients. The location in northern Tiverton provides convenient access to major transportation routes, making logistics and distribution seamless. This property presents a rare opportunity to secure a modern, well-equipped industrial space in a desirable Rhode Island location. The building's recent construction guarantees up-to-date infrastructure and energy-efficient systems, minimizing operational costs and maximizing productivity. The expansive land area offers potential for future expansion or outdoor storage, providing flexibility for growing businesses. This is a prime opportunity for businesses seeking a functional and strategically located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.