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Property profile & analytics

1000 Bald Hill Rd Warwick, RI 02886

  • Commercial real estate
  • 66,780 SF
  • 6.88 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0070976
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

  • Laura Ortega / Dental Office
  • smashburger / Restaurant
  • Aspen Dental - Warwick, RI / Dental Office
  • Lee Jung H DDS / Dental Office
  • Lee David DDS / Dental Office

Property Details for 1000 Bald Hill Rd

Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.88 lot acres
Property size
66,780 SF
Zone code
GB
Property type
Commercial real estate
APN
WARW M:260 B:0032 L:0000
APU
WARWM260B0032L0000

Description

This exceptional 73,419 square foot shopping center is strategically located in Warwick, Rhode Island, at the heart of a prime retail corridor along Bald Hill Road (Route 2). Positioned at a signalized intersection, approximately a quarter-mile south of the Warwick Mall, this property boasts over 1.4 million annual visitors. The center features a strong tenant mix including established names such as Trader Joe's, Duluth Trading Company, Popeye's, Panera Bread, and Smashburger. Currently, there are three available suites, offering flexible space options ranging from a minimum of 2,477 square feet to a maximum contiguous space of 12,500 square feet. A total of 17,777 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. Ample parking is provided, with a ratio of 4.5 spaces per 1,000 square feet of building area. This property is situated in Kent County and represents a compelling investment opportunity within a thriving retail environment. The available spaces are 2,477 SF, 2,800 SF, and 12,500 SF. This high-traffic location ensures excellent visibility and accessibility for businesses seeking a strong presence in this established retail area.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $13,750,000
    6.5%
    $12,690,000
    7%
    $11,785,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $11,473,000
    Market price range: $4.29M - $13.6M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $15,860,000
    Current use
    OFFICE BUILDING
    $13,280,000
    Change: -16% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Warwick
County
Kent
State
Rhode Island
Longitude
-71.4878
Latitude
41.7122
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
2020
$284,344
$3,446,900
$7,858,400
$11,305,300
-
$0.00
$0.00
$0.00
More about this property
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