469 Centerville Rd Warwick, RI 02886
- Office Properties & Spaces
- 1,356 SF
Current Use by Public Records
- Hard Money Lenders Warwick RI / Mortgage Lender
- Law Offices Of David Hathaway / Attorney
- Accetturo Joseph P / Attorney
- Merolla Steven B / Attorney
- Jessica Reis-Driscoll / Social Worker
Property Details for 469 Centerville Rd
- Year built
- 1985
- Property size
- 1,356 SF
- Zone code
- O
- Property type
- Office Properties & Spaces
- APN
- WARW M:247 B:0046 L:0001
- APU
- WARWM247B0046L0001
Description
This exceptional office condominium, located at 469 Centerville Road in Warwick, Rhode Island, presents a fantastic investment opportunity. Priced at $299,900, this property boasts a prime location with convenient access to I-95 and proximity to Kent County Hospital. The building, constructed in 1985, comprises one building with two stories and features a total of 2400+ square feet on the first floor. The space was previously used as a dental office and is comprised of two combined units. Accessibility is ensured with handicapped access on the first floor. Ample parking is available in the large on-site lot, complemented by well-maintained landscaping. Significant recent improvements include a new roof and complete exterior restoration and painting, all finished in 2023. The property's versatile layout makes it suitable for a wide range of businesses, including general business, professional services, medical practices, or dental offices. The lot size is not specified. This is a rare opportunity to acquire a well-maintained, updated office condominium in a highly desirable location. The zip code is 02886.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $415,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $420,000
- Mixed-Use
- $420,000
- Hospitality
- $420,000
- Educational
- $425,000
- Residential Income
- $415,000
- Energy
- $375,000
- Income-Based Land
- $435,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4784
- Latitude
- 41.6985
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
