1276 Bald Hl Rd Warwick, RI 02886-4200
- Commercial real estate
- 69,622 SF
- 10.69 lot acres
Current Use by Public Records
- Chili's Grill & Bar / Restaurant / American Restaurant
- Skin Deep Medical Spa / Spa
- Aerus / Vacuum Cleaner Repair Shop / Vacuum Cleaner Store
- Wasabi Japanese Chinese Thai Cuisine / Chinese Restaurant / Sushi Restaurant
- Bellani Maternity / Baby Store / Education Center
Property Details for 1276 Bald Hl Rd
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 10.69 lot acres
- Property size
- 69,622 SF
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- WARW M:255 B:0010 L:0000
- APU
- WARWM255B0010L0000
Description
Summit Square, located at 1276 Bald Hill Rd in Warwick, Rhode Island (zip code 02886), offers a prime retail opportunity within a well-established shopping center. This 134,910 square foot property, situated in Kent County, presents multiple tenancy options, ideal for a variety of businesses. Currently, there is 40,438 square feet of vacant space available, offering flexibility for both smaller and larger tenants. Units range from a minimum of 1,120 square feet to a maximum contiguous space of 10,675 square feet, providing options to suit diverse business needs. The property's high visibility location in Warwick ensures significant foot traffic and exposure for your business. This is an exceptional opportunity to establish or expand your retail presence in a thriving Rhode Island market. The property is classified as a shopping center and offers inline spaces. Interested parties should inquire about available space and lease terms. The property's address is easily accessible and well-suited for customer convenience. This is a rare opportunity to secure retail space in a desirable location with ample square footage options.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,335,000
- 6.5%
- $13,230,000
- 7%
- $12,285,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,734,000
- AI Estimate
- $7,078,000
Market price range: $8.42M - $25.8MMarket price range: $4.47M - $14.2M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $16,535,000 Current use
- OFFICE BUILDING
- $13,845,000 Change: -16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4913
- Latitude
- 41.7049
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA