Financial
Distress signals
Property profile

50 Minnesota Ave Warwick, RI 02888

OFF-MARKET
Industrial properties
Property ID
US76-0046261
16,000 SF 1.21 ac lot Built 1979
Last sale Aug 2022 · $1,400,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$783k
Assessed land$182k
Assessed improvement$602k
Effective rate2.48%

Value estimate

· Sep 2026
$2.08M
$1.87M – $2.29M
CAP approach$1.15M
Sales comparison$1.70M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$103 – $200
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
A-10, A-7, O, WB, GB, LI, GI. 200.108. Nightclub. A retail establishment that stays open late at night and provides food, beverages and e...
General categoryINDUSTRIAL
JurisdictionWARWICK

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.4
Storage Facility8.7
Laundry Service8.2

Location

50 Minnesota Ave Warwick, RI 02888-6033
County assessor Recorded deeds · 5 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Hickory, Warwick, RI 02888 $1,150,000 Jun 2025 16,940 SF
421 Lincoln, Warwick, RI 02888-3029 $1,200,000 Jul 2023 15,600 SF
41 Frd, Warwick, RI 02888-2121 $775,000 Mar 2023 11,800 SF
105 Bellows, Warwick, RI 02888-1503 $3,000,000 Aug 2021 13,667 SF
80 Cypress, Warwick, RI 02888-2119 $1,325,000 Dec 2020 22,500 SF
139 Jefferson, Warwick, RI 02888-3814 $1,300,000 Jun 2020 10,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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