99 Natick Rd Warwick, RI 02886
- Showrooms
- 4,584 SF
- 0.18 lot acres
Current Use by Public Records
- Showrooms
Property Details for 99 Natick Rd
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Property size
- 4,584 SF
- Zone code
- A7
- Property type
- Showrooms
- APN
- WARW M:273 B:0377 L:0000
- APU
- WARWM273B0377L0000
Description
This exceptional commercial property in Warwick, Rhode Island, presents a unique investment opportunity. Located at 99 West Natick Road, this 16,988 square foot (.39-acre) site comprises four abutting lots. The property boasts a prime location at a signaled intersection, sharing an entrance with the Warwick Mall and situated near a Cumberland Farms. Its strategic position offers exceptional visibility and accessibility, benefiting from the high traffic volume generated by the adjacent 70-acre, 1,000,000 square foot Warwick Mall, home to major national retailers such as Macy's, Nordstrom Rack, Target, and many more. The property's proximity to major roadways, including Interstate 295 & 95, Route 2 (Bald Hill Road), and Route 5, further enhances its appeal. Built in 1980, this site is suitable for continued use as an investment or redevelopment into a long-term asset, catering to a variety of commercial uses including QSR/Fast Food, Storefront, Flex, Restaurant, Bar, or Executive Office space. This assemblage of properties offers unparalleled access to a substantial consumer base and presents a rare opportunity for significant return on investment. Don't miss this chance to acquire a highly visible and strategically located commercial parcel in a thriving Rhode Island market. The property is zoned for commercial use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $550,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $555,000
- Geo Method
- $560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $620,000
- Retail
- $525,000
- Mixed-Use
- $515,000
- Hospitality
- $595,000
- Educational
- $515,000
- Residential Income
- $570,000
- Energy
- $590,000
- Income-Based Land
- $505,000
- Food Service
- $515,000
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4777
- Latitude
- 41.7278
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA