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    Property profile & analytics

    1387 Main St West Warwick, RI 02893-3814

    • Investment properties
    • 3,813 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US76-0198491
    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

    • Clyde Press / Commercial Printer
    • The Clyde Press / Wedding Planner

    Property Details for 1387 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    3,813 SF
    Zone code
    R-6
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WWAR 006-0053-0-000
    APU
    WWAR00600530000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $515,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $570,000
      Retail
      $580,000
      Mixed-Use
      $580,000
      Hospitality
      $535,000
      Educational
      $545,000
      Residential Income
      $445,000
      Energy
      $580,000
      Income-Based Land
      $500,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    West Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5229
    Latitude
    41.6999
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $63,400
    $140,200
    $203,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,465 SF

      27 Pike St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,465 SF
      27 Pike St, West Warwick, RI 02893-3611
      View Details
    • Value Estimation
      $425,000
      1,988 SF

      594 Providence St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,988 SF
      594 Providence St, West Warwick, RI 02893-1630
      View Details
    • Value Estimation by Request
      4,192 SF

      300 Providence St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,192 SF
      300 Providence St, West Warwick, RI 02893-2052
      View Details
    • Value Estimation
      $500,000
      5,095 SF

      721 Providence St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,095 SF
      721 Providence St, West Warwick, RI 02893-1524
      View Details
    • Value Estimation by Request
      3,038 SF

      39 Tiogue Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,038 SF
      39 Tiogue Ave, West Warwick, RI 02893-6054
      View Details
    • Value Estimation
      $385,000
      0.25 Acres

      25 Tiogue Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.25 Acres
      25 Tiogue Ave, West Warwick, RI 02893-6030
      View Details

    Similar Nearby for Sale

    • $850,000
      7,200 SF

      Prime West Warwick Mixed-Use

      7200 sq ft, 5 units, high traffic
      971 Main St, West Warwick, RI 02893
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    • $595,000
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      West Warwick Mixed-Use Opportunity

      Mixed-use property with retail space and fully rented apartments.
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    • New
      Contact for pricing

      Renovated Mixed-Use Office Space

      Renovated mixed-use property featuring hardwood and tile flooring.
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    • $899,000
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      West Warwick Commercial Property For Sale

      Well-established bar/lounge with real estate, business, and inventory included.
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      West Warwick Automotive Property For Sale

      Stand-alone commercial building in pristine condition, ideal for automotive use.
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      Main Street Retail Opportunity

      Versatile commercial property on Main Street available for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      100,000 SF

      Industrial Build-to-Suit Opportunity

      Industrial spaces for lease, customizable to tenant specifications.
      98 Lacroix Dr, West Warwick, RI 02893
      View Details
    • Contact for pricing

      Laydown Pads for Rent

      Two laydown pads totaling approximately 4.5 acres available for rent.
      1600 Division Rd, West Warwick, RI 02893
      View Details
    • $23 SF/Yr
      2,745 SF

      Class A Office Space Available

      High-quality office complex with easy highway access and professional management.
      1350 Division Rd, W Warwick, RI 02893
      View Details
    • $899,900
      7,600 SF

      Free Standing Building with Fenced Lot

      Well-maintained warehouse/manufacturing building with upgrades and large fenced lot.
      245 Quaker Ln, West Warwick, RI 02893
      View Details
    • Contact for pricing
      100,000 SF

      Lacroix Drive Industrial Flex Space

      100,000 SF Flex Warehouse, Kent County
      0 Lacroix Dr, West Warwick, RI 02893
      View Details
    • Contact for pricing
      1,800 SF

      Retail Pad Sites For Lease

      Outparcels available for lease with high traffic counts.
      510 Quaker Ln, West Warwick, RI 02893
      View Details
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    1387 Main St
    West Warwick, RI 02893-3814
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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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