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OFF-MARKET
Warehouses

597 County Rt. 2 Trl Exeter, RI 02822

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional commercial condominium opportunity in Exeter, Rhode Island, presents three brand-new buildings on a 94,525 square foot lot. The South Trail Commerce Center offers 15 individual units, with a few remaining for immediate or 30-day occupancy. Each 2,000 square foot (or side-by-side units available) unit is fully insulated and heated, featuring finished walls and ceilings, a private restroom, 200-amp electric service, and a 14' x 14' overhead door with an electric opener. These units are perfect for various uses, including contractor storage, distribution, business storage, or personal storage of automobiles, boats, RVs, and more. The property is ideally suited for businesses seeking well-appointed storage solutions. Bank financing with 10% down is available for qualified buyers. Monthly condo association fees range from $160 to $198, depending on unit size. Optional upgrades include loft/office space, central AC, backup generators, and custom floor finishes. Showings are available Monday through Saturday by appointment. Annual lease options are also available. The asking price for this exceptional investment opportunity is $269,000. The property is located at 597 South County (Rt. 2) Trail UNIT 202, Exeter, RI 02822. Built in 2024, this single-story complex offers a rare chance to acquire a piece of this thriving commercial market.

Property profile
Verified
Property type Warehouses
Year built 2024
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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