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Property profile & analytics
OFF-MARKET
Warehouses

10 Lambert Ave Cumberland, RI 02864

10,271 SF 1.1 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,271-square-foot warehouse situated on a 1.1-acre lot in Cumberland, Rhode Island. The property, built in 1940, features a two-story building with six dock-high doors, and ceiling heights ranging from 15 to 20 feet. Currently configured as five separate contractor units, this versatile space offers significant potential for various uses. The building boasts a recently updated electrical system. The property's zoning is R1-Residential, though its current use is industrial. Conveniently located, it offers easy access to major roadways including I-295, Route 146, and I-95. Priced at $1,100,000 ($107.10/sq ft and $220,000/unit), this owner-user opportunity is ideal for businesses seeking a well-maintained warehouse with ample space and excellent accessibility. The property's strong location and existing infrastructure make it a compelling investment prospect. The building's size and layout provide flexibility for a variety of industrial or potentially adaptive reuse scenarios. This is a rare chance to acquire a substantial warehouse in a desirable Rhode Island location.

Property profile
Verified
Property type Warehouses
Year built 1940
Total area 10,271 SF
Lot 1.1 ac (47,916 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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