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Property profile & analytics
OFF-MARKET Estimated value $46,650,000
Commercial real estate

1000 Division St East Greenwich, RI 02818-2078

19.6 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US76-0388680
Property summary
AI-generated overview

East Greenwich Square presents a prime retail investment opportunity in a thriving Rhode Island community. This 158,918 square foot, multi-tenant shopping center is strategically located in East Greenwich, a suburb approximately 15 miles south of Providence. The center boasts a strong anchor tenant, Dave's Fresh Marketplace, whose flagship store serves as a significant draw for shoppers. Currently, there is 4,909 square feet of vacant space available, presenting a unique chance for a new business to establish itself within this bustling center. The available space totals 4,700 square feet, ideal for a restaurant or similar establishment. The property's location within a well-established neighborhood shopping center ensures high visibility and convenient access for customers. The overall center's success, anchored by a major grocery store, provides a stable and attractive environment for potential tenants. This is an exceptional opportunity to secure a space in a thriving retail environment with significant foot traffic and strong community presence. The Kent County location offers easy access to major roadways and a dense residential population. Don't miss this chance to become part of a successful and established retail center.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 19.6 ac (853,776 SF)
Zoning code CH
APN EGRE M:081 B:010 L:006 U:0000
UPID US76-0388680
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$46.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$46.65M
Owner & transaction history
Egs Division St LLC · 1 yrs held
Egs Division St LLC
since 2024
Last sale
$46.7M
4 recorded transactions
2024
$46.7M
2009
$1
2009
Price N/A
2004
Price N/A
Zoning & alternative use
CH · East Greenwich, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial Highway District (CH). The purpose of this district is to provide for those uses which generate a high amount of vehicular traffic in a manner that is safe and efficient. K.

Zone name Commercial
General category COMMERCIAL
Zone area 203.97 ac
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