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Property profile & analytics
FOR LEASE
Industrial properties
1600 Division Rd West Warwick, RI 02893
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0144410
For Lease
Contact for pricing
1600 Division Rd, West Warwick, RI 02893
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1973
Total area
541,370 SF
Lot
34.08 ac (1,484,525 SF)
Zoning code
CI
APN
WWAR 030-0003-0-000
UPID
US76-0144410
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
-
BSG Warehouse - West Warwick Food Processing Plant
-
Uncas International Advertising Agency Marketing & Advertising
-
Brewers Supply Group Production Facility Brewery & Distillery
-
Hydroponics To You Warehouse & Storage
-
M-F Athletic Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.28M
Blend (final)
Blend
$27.03M
Owner & transaction history
Albany Rd 1600 Div LLC · 3 yrs held
Albany Rd 1600 Div LLC
since 2023
2 recorded transactions
Zoning & alternative use
CI · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ce AA. Residence 8 (R-8) formerly residence A. Residence 7.5 (R-7.5) formerly residence B. Residence 6 (R-6) formerly residence C. 4.1.2 Nonresidential districts. Business (B) formerly business D. Commercial industrial (CI) formerly industrial E. Business park (BP). 4.2 Split lots. Wherever a district boundary splits a lot into two or more separate zoning di…
Zone name
Commercial And Industrial
General category
INDUSTRIAL
Zone area
481.29 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Warwick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$27.03M
Range $24.33M – $29.73M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$50 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$487,822
Tax year 2023
Assessed value
$15,550,600
Assessed 2023
Previous assessed
$15,550,600
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$4,469,100
Assessed improvement
$11,081,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1973
Heating
FORCED AIR
Buildings
1
Stories
2
Units
3
Total area
541,370 SF
Lot
34.08 ac (1,484,525 SF)
Zoning code
CI
APN
WWAR 030-0003-0-000
UPID
US76-0144410
Jurisdiction
WEST WARWICK
Zoning & alternative use
CI · West Warwick, RIZoning CI · permitted uses
CI · West Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ce AA. Residence 8 (R-8) formerly residence A. Residence 7.5 (R-7.5) formerly residence B. Residence 6 (R-6) formerly residence C. 4.1.2 Nonresidential districts. Business (B) formerly business D. Commercial industrial (CI) formerly industrial E. Business park (BP). 4.2 Split lots. Wherever a district boundary splits a lot into two or more separate zoning districts, a prospective use may be processed only if it is listed in the table of u
Zone name
Commercial And Industrial
General category
INDUSTRIAL
Zone area
481.29 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1973
Heating
FORCED AIR
Stories
2
Buildings
1
Units
3
Lot
34.08 ac
Current owner
From public records · entity-resolved
Albany Rd 1600 Div LLC
Entity
Mailing address
2727 FWY # 806TH DR, DALLAS, TX 75234
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
$39,000,000
Albany Rd 1600 Div LLC
Brookwood Prop Subsidiary
Deed
$26,760,000 · Berkshire Bank
Sep 12, 2019
—
Brookwood Props Subsidry
—
Grant Deed
related
$408,500,000 · Jp Morgan Chase Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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