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Property profile & analytics
OFF-MARKET Estimated value $545,000
Showrooms

1155 Victory Hwy Oakland, RI 02858-1120

10,000 SF 0.45 ac lot Built 1987
Entity Owned 3-yr Hold Free & Clear
Property ID
US76-0303136
Property summary
AI-generated overview

This exceptional 10,000 square foot Class B warehouse, ideally situated at 1155 Victory Hwy in Burrillville, Rhode Island, is now available for both lease and sale. Built in 1987 and extensively renovated in 2022, this property sits on a 0.45-acre lot and offers a range of desirable features. The building boasts a spacious interior with 21-foot clear ceilings and polished concrete floors, providing ample room for various uses. Loading and unloading are facilitated by one 14-foot drive-in garage door, one 12-foot loading dock, and two 8-foot loading docks. The warehouse is well-lit with modern halogen lighting and benefits from a robust 400-amp, 3-phase electrical system and propane heating. An external overhead covering, spanning 121 feet, provides additional covered storage space, suitable for multiple shipping containers. Parking is readily available with 12 spaces directly adjacent to the building, supplemented by additional parking at the nearby municipal park. An electric vehicle charger is also conveniently located on the property. Internal amenities include a sauna, a private bathroom, a well-appointed upper-level office space, a kitchen with a bar area, a comprehensive security system, and three separate storage rooms. This versatile property presents a unique opportunity for businesses seeking a well-maintained and functional warehouse space in a desirable location. The asking price is $1,800,000.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1987
Construction STEEL FRAME
Total area 10,000 SF
Lot 0.45 ac (19,602 SF)
Zoning code GC
APN BURR M:179 L:088
UPID US76-0303136
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
Current use
Occupant on record · Public records
  • CJS Properties LLC Construction Company
  • CK Custom Kabinetry Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$508k
Blend (final) Blend
$545k
Owner & transaction history
Carcarstorage LLC · 3 yrs held
Carcarstorage LLC
since 2022
Last sale
$575,000
3 recorded transactions
2022
$575,000
2020
Price N/A
2018
$160,000
Zoning & alternative use
GC · Oakland, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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