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Property profile & analytics
OFF-MARKET
Showrooms

15 Grn Hl Rd Johnston, RI 02919-5605

2,400 SF 0.41 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
Property ID
US76-0329144
Property summary
AI-generated overview

This exceptional Johnston, Rhode Island property, listed at $600,000, presents a compelling investment opportunity. Situated on a 17,860 square foot lot at 15 Green Hill Road, 02919, this property features a 2400 square foot industrial building and a separate 300-400 square foot office trailer. Built in 1987, the single-story building is ideally suited for a variety of uses, including industrial operations, warehousing, distribution, manufacturing, storage, and service businesses compatible with the nearby resource recovery plant (permitted in the I zone). The building boasts convenient drive-in garage access, seamlessly integrating office and warehouse functions. Its proximity to the Johnston landfill (approximately a quarter mile) offers a strategic advantage for certain businesses. Currently operating as "SHRED-N-GO," this property is ready for immediate occupancy or redevelopment, making it an attractive addition to an existing portfolio or a strong standalone investment. The property consists of one building on a single story. This is a rare opportunity to acquire a well-located industrial property in a thriving Rhode Island market.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1987
Construction STEEL FRAME
Total area 2,400 SF
Lot 0.41 ac (18,032 SF)
Zoning code I
APN JOHN M:0030 L:105
UPID US76-0329144
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bayside Investments LLC
Bayside Investments LLC
since 2025
Last sale
$480,000
4 recorded transactions
2025
$480,000
2024
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
I · Johnston, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial I District. This district is composed of certain land so situated as to be suitable for industrial development. The purpose of this district is to permit the normal operation of a large number of industries, subject only to those regulations needed to control congestion and to protect nearby residential and business districts. J. Industrial I-S Di…

Zone name Industrial
General category INDUSTRIAL
Zone area 1,124.72 ac
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