21 College Hill Rd Warwick, RI 02886
- Showrooms
- 4,480 SF
- 0.35 lot acres
Current Use by Public Records
- abm group / Contractor
- THERESA TEOFILAK-WILSON / Counselor
- Keystone Real Estate Group / Real Estate Agency
- Grossi George / Law Firm
- Happy and Free Healing Holistic Counseling Center / Counselor
Property Details for 21 College Hill Rd
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 0.35 lot acres
- Property size
- 4,480 SF
- Zone code
- A15
- Property type
- Showrooms
- APN
- WARW M:260 B:0060 L:0000
- APU
- WARWM260B0060L0000
Description
This exceptional Class A office space, located at 21 College Hill Road in Warwick, Rhode Island, presents a unique investment opportunity. The property, built in 1989, encompasses a single unit within a well-maintained building, offering 15,119 square feet of lot space. Situated on the second floor, this traditional office space boasts convenient off-street parking, a significant advantage in a bustling area. The building itself is meticulously managed, ensuring a professional and comfortable environment for tenants. The asking price for this single-unit property is $29.34 million. The monthly rent is $550.00. This property is ideal for businesses seeking a prestigious address in Warwick, RI, with easy access to amenities and transportation. The property's location in Kent County, zip code 02886, provides excellent visibility and accessibility. The building's excellent condition and convenient parking make it a highly desirable location for a variety of businesses. This is a rare opportunity to acquire a well-maintained, Class A office space in a prime location. The property's size and features make it suitable for a range of professional uses. The asking price reflects the property's value and potential for strong returns. Don't miss this chance to secure this exceptional office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $530,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $655,000
- Geo Method
- $655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $655,000
- Retail
- $665,000
- Mixed-Use
- $530,000
- Hospitality
- $550,000
- Educational
- $660,000
- Residential Income
- $490,000
- Energy
- $655,000
- Income-Based Land
- $690,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4859
- Latitude
- 41.7137
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA