100 Centerville RdWarwick, RI 02886

  • Other commercial real estate
  • 4,960 SF
For Sale
$19.50 View listing

Property Details for 100 Centerville Rd

Year built
2000
Construction
FRAME
Lot size
0.19 AC
Property size (Sq ft)
4,960 SF
Zone code
A10
Property type
Other commercial real estate
Property subtype
Showrooms
APN
WARW M:244 B:0081 L:0000
APU
WARWM244B0081L0000

Description

This exceptional first-floor office suite, located at 100 Centerville Road, Unit 1, Warwick, RI 02886, presents a fantastic opportunity. Situated in a tranquil four-unit building constructed in 2000, this 8,276 square foot lot houses a single, well-appointed office space ideal for a variety of professional uses, including traditional office, executive office, medical office, or specialty services. The suite boasts a welcoming reception area, a private kitchenette perfect for staff convenience, and a private bathroom. Three generously sized offices feature high ceilings and abundant natural light, creating a productive and pleasant work environment. The building's location offers unparalleled convenience, with easy access to Route 95, ensuring seamless commutes for employees and clients. The property's desirable location is further enhanced by its proximity to local amenities such as Cafe Tempo (across the street) and Plant City X (next door). Utilities are separately metered, with tenants responsible for gas and electric. This turnkey office space is ready for immediate occupancy and represents an excellent investment opportunity in a thriving Rhode Island community. The property is located in Kent County.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,205,453
    6.5%
    $1,112,726
    7%
    $1,033,246
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,633,146
    Geo Method
    $1,633,146
  • Alternative Use

    Use
    Valuation
    Residential
    $938,626
    Hospitality
    $859,776
    Educational
    $715,324
    Medical
    $739,925
    Retail
    $1,112,726
100 Centerville Rd, Warwick, Rhode Island
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Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.698
Longitude
-71.4634
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,182
$226,600
$425,100
$651,700
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-
-
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