Property profile

5800 Post Rd East Greenwich, RI 02818

OFF-MARKET
Industrial properties
4,500 SF 0.21 ac lot
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Property summary

AI-generated overview

This exceptional 4,500 square foot flex space industrial building in East Greenwich, Rhode Island, presents a compelling investment opportunity. Located at 5800 Post Road, this recently renovated property sits on a 0.21-acre lot and boasts 100% occupancy with three separate tenant units, each generating significant income. The building features a desirable 17-foot ceiling height, providing ample space for various uses. Zoned for General Business, this property benefits from high visibility on a heavily trafficked Route 1, with convenient proximity to Route 4 and I-95. The property's stabilized investment status, coupled with its multi-tenant structure, ensures a consistent cash flow. Each of the three units offers approximately 1,500 square feet, and the asking price is $689,000, translating to $153.11 per square foot and $229,666.67 per unit. The property's features, location, and strong tenant occupancy make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-performing industrial property in a prime Rhode Island location.

Property profile

Verified
Property type Industrial properties
Total area 4,500 SF
Lot 0.21 ac (9,148 SF)

Cap rate & NOI

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

Location

5800 Post Rd East Greenwich, RI 02818
East Greenwich 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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