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    Property profile & analytics

    1020 Toll Gate Rd Warwick, RI 02886

    • Commercial real estate
    • 7.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US76-0028599
    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

    • Commercial real estate

    Property Details for 1020 Toll Gate Rd

    Lot size
    7.50 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 7.5-acre parcel presents a unique opportunity for development in Warwick, Rhode Island. Strategically located just east of the Bald Hill Road and Toll Gate Road intersection, this property enjoys unparalleled access to major transportation arteries, including quick connections to I-95 and I-295. Its advantageous position directly abuts the Target complex, ensuring high visibility and convenient access to a significant retail hub. The land is zoned for residential use, offering developers a clear path towards creating a residential community. The estimated annual property taxes are $7,386. This substantial land area provides ample space for a variety of residential development projects. Please note that any existing structures are not included in the sale and the property is intended for subdivision. This prime location and zoning make this a highly desirable investment opportunity for developers seeking to capitalize on the growing demand for residential properties in the Warwick area. The property is identified as 1020 Toll Gate Rd, Warwick, RI 02886. The asking price for this exceptional development opportunity is $2,000,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.496142741369
    Latitude
    41.710850082113

    Comparable in this City

    • New
      $629,900
      Pending

      Warwick Multifamily Investment Opportunity

      Five units across two buildings on nearly an acre.
      1497 Centerville Rd, Warwick, RI 02886
      View Details
    • $799,900
      0.44 Acres

      Unique Warwick Mixed-Use Property

      Updated mixed-use property with residential and commercial spaces.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $799,900
      0.44 Acres

      Mixed-Use Property in Warwick, RI

      Updated mixed-use property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $550,000
      Pending

      Two Homes on One Lot

      Residential opportunity with two homes on one lot in Warwick.
      403 Commonwealth Ave, Warwick, RI 02886
      View Details
    • $625,000
      0.11 Acres

      Updated Multi-Family Home in Warwick

      Updated multi-family in Apponaug with strong rental history.
      84 Spruce St, Warwick, RI 02886
      View Details
    • $425,000

      Warwick RI Commercial Land Opportunity

      10,000 SF lot, Office/Residential Potential
      164 Airport Rd, Warwick, RI 02886
      View Details

    Similar Nearby for Sale

    • $799,900
      0.44 Acres

      Mixed-Use Property in Warwick, RI

      Updated mixed-use property with residential and commercial spaces in Warwick.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • $550,000
      Pending

      Two Homes on One Lot

      Residential opportunity with two homes on one lot in Warwick.
      403 Commonwealth Ave, Warwick, RI 02886
      View Details
    • $625,000
      0.11 Acres

      Updated Multi-Family Home in Warwick

      Updated multi-family in Apponaug with strong rental history.
      84 Spruce St, Warwick, RI 02886
      View Details
    • New
      $629,900
      Pending

      Warwick Multifamily Investment Opportunity

      Five units across two buildings on nearly an acre.
      1497 Centerville Rd, Warwick, RI 02886
      View Details
    • $799,900
      0.44 Acres

      Unique Warwick Mixed-Use Property

      Updated mixed-use property with residential and commercial spaces.
      14 W Natick Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Prime Warwick Restaurant Opportunity

      Established eatery, high traffic, turnkey operation.
      2283 Post Rd, Warwick, RI 02886
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Rent

      Commercial land available for rent in a regional location.
      1795 Post Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Commercial land with high visibility and easy access for lease.
      203 Centerville Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Commercial Land on Quaker Lane

      High-traffic commercial land available for ground lease or build-to-suit.
      510 Quaker Ln, Warwick, RI 02886
      View Details
    • $24 SF/Yr
      75,000 SF

      Metro East Office Park Executive Suites

      Class A Office Space, Kent County
      117 Metro Center Blvd, Warwick, RI 02886
      View Details
    • Contact for pricing
      2,775 SF

      Retail Space on Bald Hill

      2,777 SF retail space in Warwick, Rhode Island.
      1200 Bald Hill Rd, Warwick, RI 02886
      View Details
    • $3,200 /Mo
      3,341 SF

      Flex Space/Light Industrial Building

      3200 SF flex space with office and warehouse.
      133 Hallene Rd, Warwick, RI 02886
      View Details
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    1020 Toll Gate Rd
    Warwick, RI 02886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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