Property profile

118 Brookside Ave West Warwick, RI 02893

OFF-MARKET
Land
Built 1900
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 118 Brookside Avenue in West Warwick, Rhode Island, presents a unique investment opportunity. The property boasts a substantial 3,920 square foot lot, offering ample space for a variety of commercial developments. Situated in Kent County, with a convenient zip code of 02893, this location provides excellent accessibility and visibility. The existing structure on the site, a two-story building constructed in 1900, presents potential for renovation or redevelopment. While the building currently contains one structure, the lot size allows for significant expansion or alternative uses. The asking price for this property is $650,000. This represents a compelling opportunity to acquire a sizable commercial lot in a desirable Rhode Island location, with the potential for substantial return on investment. The property's existing building, though older, provides a solid foundation for future development plans. The location offers strong potential for various commercial ventures, given its size and accessibility. This is a rare opportunity to acquire a significant commercial land parcel in a growing area. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile

Verified
Property type Land
Year built 1900

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

118 Brookside Ave West Warwick, RI 02893
West Warwick metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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