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Property profile & analytics
OFF-MARKET Estimated value $4,760,000
Showrooms

1218 Main St West Warwick, RI 02893-4827

29,084 SF 0.13 ac lot Built 1928
Individually Owned Free & Clear
Property ID
US76-0108915
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1928
Total area 29,084 SF
Lot 0.13 ac (5,449 SF)
Zoning code B
APN WWAR 016-0424-0-000
UPID US76-0108915
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
  • FedEx Drop Box Postal Service Courier Service
  • Centreville Bank Bank Loan Service
  • Jennifer A. Kosh Bank Loan Service
  • Veronica Martinez Bank Loan Service
  • Nayeli G. Munrayos Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.53M
Comparable Approach Comparable
$4.93M
Blend (final) Blend
$4.76M
Owner & transaction history
CENTREVILLE SB
CENTREVILLE SB
Zoning & alternative use
B · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than one year from the date the vacancy commenced. (c) Signs which are attached to natural features, stone walls, utility poles, utility boxes, t…

Zone name Business
General category CIVIC_INSTITUTIONAL
Zone area 355.71 ac
Source code of ordinances
Top alternative use upside
Office building $6.5M +50.0%
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