63 Bleachery Ct Warwick, RI 02886
- Showrooms
- 2,410 SF
- 0.48 lot acres
Current Use by Public Records
- Datamat Programming & Services / Software Company
Property Details for 63 Bleachery Ct
- Year built
- 1973
- Construction
- FRAME
- Lot size
- 0.48 lot acres
- Property size
- 2,410 SF
- Zone code
- LI
- Property type
- Showrooms
- APN
- WARW M:274 B:0284 L:0000
- APU
- WARWM274B0284L0000
Description
This exceptional 2,410 square foot commercial building presents a remarkable investment opportunity in Warwick, RI. Situated on a 0.48-acre lot, this one-level, free-standing structure offers unparalleled versatility. Currently configured as a single office unit, the property's zoning (light industrial) allows for significant expansion and adaptation. The building's design readily accommodates up to three separate suites, providing flexibility for various business needs. Three independent heating units ensure efficient climate control throughout the space. Ample parking is provided by a large, paved lot, enhancing convenience for tenants and visitors. A key feature of this property is the inclusion of a 150-foot communication tower, offering substantial potential for supplemental income generation. Its strategic location near T.F. Green Airport and major highways ensures excellent accessibility and high visibility, making it an ideal choice for businesses seeking a prominent presence in the Warwick market. The property's adaptable layout, combined with its prime location and additional income stream, makes it a compelling investment opportunity with significant upside potential. The building is ready for immediate occupancy or can be customized to meet specific business requirements.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $440,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $475,000
- Mixed-Use
- $390,000
- Hospitality
- $510,000
- Educational
- $425,000
- Residential Income
- $525,000
- Energy
- $455,000
- Income-Based Land
- $435,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4676
- Latitude
- 41.7286
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
