Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1800 Post Rd Warwick, RI 02886

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1800 Post Rd Warwick, RI 02886

    View on Map
    • Specialty properties
    • 137,205 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • T-Mobile / Mobile Phone Store / Electronics & Wireless Store
    • ATC Professional Staffing / Employment Agency
    • Artistic Melodies / Theater & Performing Art Venue
    • TPP Fitness / Gym & Fitness Center
    • Empowered Fitness & Wellness LLC / Gym & Fitness Center

    Property Details for 1800 Post Rd

    Property size
    137,205 SF
    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    Description

    Airport Plaza offers exceptional retail, restaurant, and special purpose space in Warwick, Rhode Island. Strategically situated at the high-traffic intersection of Post Road (Route 1) and Airport Road, experiencing 50,000 cars daily, this property boasts unparalleled visibility and accessibility. Located in central Rhode Island, it benefits from convenient access to I-95 via exits 13 and 14, drawing customers from across the state. The 137,205 square foot center offers multiple tenancy options, with spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 12,500 square feet. Currently, 28,400 square feet are vacant, presenting a significant opportunity for businesses seeking prime retail or restaurant locations. The property's versatile nature allows for a variety of uses, catering to diverse business needs. This is an exceptional opportunity to establish a presence in a thriving commercial hub with high foot traffic and excellent visibility. The lot size is 5 square feet. Contact us today to learn more about the available spaces and leasing options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4366
    Latitude
    41.7318

    Comparable in this City

    • Value Estimation by Request

      2283 Post Rd Post Rd

      Individual retail properties
      2283 Post Rd Post Rd, Warwick, RI 02886
      View Details
    • Value Estimation by Request
      95,000 SF

      2350 Post Road-Airport Professional Park

      Airport retail • 95,000 SF
      2350 Post Road-Airport Professional Park, Warwick, RI 02886
      View Details
    • Value Estimation by Request
      0.28 Acres

      Heath Ave

      CHARITABLE ORGANIZATION • 0.28 Acres
      Heath Ave, Warwick, RI 02886
      View Details
    • Value Estimation by Request
      0.18 Acres

      Arnolds Nck Dr

      CHARITABLE ORGANIZATION • 0.18 Acres
      Arnolds Nck Dr, Warwick, RI 02886
      View Details
    • Value Estimation by Request
      0.07 Acres

      Post Rd

      CHARITABLE ORGANIZATION • 0.07 Acres
      Post Rd, Warwick, RI 02886
      View Details
    • Value Estimation by Request
      3,922 SF

      50 Greco Ln

      CHARITABLE ORGANIZATION • 3,922 SF
      50 Greco Ln, Warwick, RI 02886-1291
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Building with Recent Upgrades

      Retail building suitable for food service, daycare, or medical use.
      86 Kilvert St, Warwick, RI 02886
      View Details
    • $748,900

      Two Buildings on Half Acre

      Two buildings on 0.5 acres with Inter Modal Zoning.
      84-86 Kilvert St, Warwick, RI 02886
      View Details
    • Contact for pricing

      Restaurant/Retail Building with Residential Apartment

      Restaurant/retail building with residential apartment and many upgrades.
      84 Kilvert St, Warwick, RI 02886
      View Details
    • $399,900

      Four-Unit Adaptable Strip Property

      Four-unit strip property suitable for owner-user or investment.
      160 Greenwich Ave, Warwick, RI 02886
      View Details
    • Contact for pricing
      5,602 SF

      Former Restaurant Near Airport

      Turnkey restaurant opportunity with highway access near T.F. Green Airport.
      667 Airport Rd, Warwick, RI 02886
      View Details
    • $2,600,000

      Turn-Key Restaurant Near Airport

      Restaurant opportunity near airport with 300-person capacity and parking.
      2099 Post Rd, Warwick, RI 02886
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,775 SF

      Retail Space on Bald Hill

      2,777 SF retail space in Warwick, Rhode Island.
      1200 Bald Hill Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Warwick, RI Specialty Property

      Specialty property available for rent in Warwick, RI.
      510 Quaker Ln, Warwick, RI 02886
      View Details
    • Contact for pricing

      Free Standing Restaurant Opportunity

      2,751 SF free standing restaurant for lease.
      10 Quaker Ln, Warwick, RI 02886
      View Details
    • Contact for pricing

      Retail Space in Rhode Island

      Retail space available for lease in Rhode Island Mall.
      Rhode Island Mall, Warwick, RI 02886
      View Details
    • Contact for pricing

      Retail Space in Warwick Center

      Ideally located retail space in Warwick, Rhode Island.
      1350 Bald Hill Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Retail Space in Airport Plaza

      Retail space for rent in a high-traffic Warwick location.
      1800 Post Rd, Warwick, RI 02886
      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.
    1800 Post Rd
    Warwick, RI 02886
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!