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Property profile & analytics
FOR SALE
Investment properties

161 Oak Hill Rd North Kingstown, RI 02852

2.75 ac lot
Entity Owned 26-yr Hold
Property ID
US76-0121160
161 Oak Hill Rd, North Kingstown, RI 02852 For Sale
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161 Oak Hill Rd, North Kingstown, RI 02852
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Property summary
AI-generated overview

This exceptional commercial property, located at 161 Oak Hill Road in North Kingstown, Rhode Island, presents a unique investment opportunity. The property encompasses a substantial 119,790 square foot lot and includes a single-story, 10,000 square foot building constructed in 1860. The building features a desirable clear-span design, perfect for various industrial or distribution uses, and includes a large overhead door for easy loading and unloading of goods. Its convenient location offers excellent highway access, streamlining transportation and logistics. The property is zoned for industrial use, providing flexibility for a range of business operations. This single-unit property is situated in Washington County, Rhode Island, with a zip code of 02852. The asking price for this versatile and strategically located property is $11 million. The property's size and features make it ideal for businesses seeking a substantial footprint in a well-connected location. This is a rare opportunity to acquire a significant industrial property in a desirable Rhode Island market. The property's age reflects its established presence, offering potential for renovation or repurposing to meet specific business needs. The expansive lot size also allows for future expansion or development.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 2.75 ac (119,790 SF)
Zoning code GI
APN NKIN M:085 B:093
UPID US76-0121160
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
C&j Forms INC · 26 yrs held
C&j Forms INC
since 2000
1 recorded transaction
2000
Price N/A
Zoning & alternative use
GI · North Kingstown, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the general industrial district is to provide opportunities for a wide range of industrial activities. The intent is to concentrate industrial activities in areas where minimal infringement upon the character of established residential areas will result and where sanitary sewers and adequate transportation facilities are available or can be ma…

Zone name General Industrial
General category INDUSTRIAL
Zone area 214.10 ac
Source Realmo
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