Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wilbur Rd Lincoln, RI 02865
    Back to Search
    Property profile & analytics

    Wilbur Rd Lincoln, RI 02865

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 0 Wilbur Rd

    Property type
    Warehouses
    Property subtype
    Land

    Description

    This exceptional opportunity presents 0 Wilbur Road in Lincoln, Rhode Island, a vacant commercial land parcel priced at $89,000. The property is zoned for commercial and warehouse use, offering significant potential for development. Located in Providence County, with a 02865 zip code, this land presents a blank canvas for various commercial ventures. The site boasts a convenient location within Lincoln, RI, offering easy access to major transportation routes and local amenities. While the lot size is currently listed as 0 square feet, this requires further clarification and verification. This is an ideal investment for entrepreneurs seeking to establish a new business or for existing companies looking to expand their operations. The property's versatility makes it suitable for a wide range of commercial uses, including but not limited to warehousing, light industrial, or retail. The absence of existing buildings allows for complete customization to meet specific business needs. This is a rare opportunity to acquire land in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the potential of this unique property. Further details regarding the exact lot size and zoning regulations are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4528
    Latitude
    41.929

    Comparable in this City

    • Value Estimation by Request
      7,230 SF

      271 Jenckes Hill Rd

      Flex space • 7,230 SF
      271 Jenckes Hill Rd, Lincoln, RI 02865
      View Details
    • Value Estimation by Request

      Hwy

      Retail properties & Spaces
      0 Hwy, Lincoln, RI 02865
      View Details
    • Value Estimation by Request
      0.41 Acres

      25 Carrington St

      INDUSTRIAL (GENERAL) • 0.41 Acres
      25 Carrington St, Lincoln, RI 02865-1702
      View Details
    • Value Estimation by Request
      16.96 Acres

      642 George Washington Hwy

      INDUSTRIAL (GENERAL) • 16.96 Acres
      642 George Washington Hwy, Lincoln, RI 02865-4244
      View Details
    • Value Estimation
      $3,245,000
      56,811 SF

      15 Blackstone Vly Pl

      INDUSTRIAL (GENERAL) • 56,811 SF
      15 Blackstone Vly Pl, Lincoln, RI 02865-1146
      View Details
    • Value Estimation
      $13,670,000
      380,405 SF

      3 Carol Dr

      INDUSTRIAL (GENERAL) • 380,405 SF
      3 Carol Dr, Lincoln, RI 02865-4401
      View Details

    Similar Nearby for Sale

    • $499,999

      Central Falls Industrial/Warehouse Opportunity

      Two-level industrial/warehouse building on a 1.01-acre lot.
      70 Conduit St, Central Falls, RI 02865
      View Details
    • $499,999

      Central Falls Warehouse/Development Opportunity

      Two-level warehouse on 1.01-acre lot with development potential.
      70 Conduit St, Central Falls, RI 02865
      View Details
    • New
      $494,999
      1.01 Acres

      Central Falls Industrial/Warehouse Opportunity

      Two-level industrial/warehouse building on a 1.01-acre lot.
      70 Conduit St, Central Falls, RI 02865
      View Details
    • Contact for pricing
      144,000 SF

      Lincoln Manufacturing/Distribution Facility for Lease

      144,000 SF manufacturing/distribution facility with high bay warehouse and office space.
      15 Wellington Rd, Lincoln, RI 02865
      View Details
    • $499,999

      Central Falls Industrial/Warehouse Opportunity

      Two-level industrial/warehouse building on 1.01-acre lot with development potential.
      70 Conduit St, Central Falls, RI 02865
      View Details
    • $325,000

      Versatile 6-Bay Garage Building

      6-bay garage on 10,367 SF lot, ML05 zoning.
      80 Lonsdale Main St, Lincoln, RI 02865
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,000 SF

      Distribution/Warehouse Space Available

      54,146 SF distribution/warehouse space with loading docks and office.
      100 Higginson Ave, Lincoln, RI 02865
      View Details
    • Contact for pricing
      10,600 SF

      Flex Space with New Warehouse

      Flex space featuring office and newly constructed warehouse space.
      40 Albion Rd, Lincoln, RI 02865
      View Details
    • $1.00 SF/Yr
      1,800 SF

      Versatile Space for Lease

      Adaptable commercial space suitable for various business needs.
      60 New River Rd, Lincoln, RI 02865
      View Details
    • Contact for pricing
      127,336 SF

      Large Flex Space in Lincoln

      127,336 sq. ft. flex/office space for rent.
      1 Albion Rd, Lincoln, RI 02865
      View Details
    • Contact for pricing

      North Central Business Park Lease

      Industrial/flex space for lease in Lincoln, Rhode Island.
      27 Wellington Rd, Lincoln, RI 02865
      View Details
    • Contact for pricing
      5,220 SF

      Office/Flex Space For Lease

      5,200 SF office/flex space in Northern RI.
      676 George Washington Hwy, Lincoln, RI 02865
      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.
    Wilbur Rd
    Lincoln, RI 02865
    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

    Thank You for Inquiry
    Wilbur Rd, Lincoln, RI, 02865
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!