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Property profile & analytics

2283 Post Rd Warwick, RI 02886

  • Showrooms
  • 3,142 SF
  • 0.28 lot acres
Value Estimation
Location Intelligence
Property ID
US76-0073110
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • All Star Subs / Restaurant

Property Details for 2283 Post Rd

Year built
1962
Construction
FRAME
Lot size
0.28 lot acres
Property size
3,142 SF
Zone code
GB
Property type
Showrooms
APN
WARW M:323 B:0007 L:0000
APU
WARWM323B0007L0000

Description

This exceptional commercial property at 2283 Post Road, Warwick, RI 02886 presents a unique investment opportunity. The 12,197 square foot lot houses a single-story, 1962-built building currently operating as a well-established restaurant. Boasting approximately 60 seats and 22 TVs, the space is ideally suited for dine-in, takeout, and catering services. The versatile layout could also accommodate a bar, QSR, or ice cream shop. A complete renovation was finished just six months ago, ensuring the property is in excellent condition. All equipment and inventory are included in the sale, making this a true turnkey operation. Onsite parking is available for customers. A current lease is in place with 3.5 years remaining, and the seller is willing to contribute towards the lease payments to reduce the buyer's financial burden. This high-visibility location in a high-traffic area guarantees a steady cash flow and established clientele, making it an ideal investment for an aspiring restaurateur. The property is zoned for commercial use.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $485,000
  • CAP approach

    CAP return
    Estimation
    6%
    $600,000
    6.5%
    $500,000
    7%
    $505,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $595,000
    Geo Method
    $485,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $530,000
    Retail
    $620,000
    Mixed-Use
    $455,000
    Hospitality
    $455,000
    Educational
    $505,000
    Residential Income
    $490,000
    Energy
    $485,000
    Income-Based Land
    $575,000
    Food Service
    $520,000

Location Insight

  • Map
  • Local Demand
City
Warwick
County
Kent
State
Rhode Island
Longitude
-71.443
Latitude
41.7201
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
$16,874
$238,500
$441,100
$679,600
-
$0.00
$0.00
$0.00
More about this property
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