Financial
Distress signals
Property profile

1674 Main St West Warwick, RI 02893

FOR SALE
Other investment properties
Property ID
US76-0222305
4,698 SF 0.21 ac lot Built 1930
Last sale May 2003 · $190,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a mixed-use building situated on a corner lot in West Warwick. It contains 4,698 square feet of total building area, including 2,861 square feet on the first floor configured as retail or restaurant space. The building also includes three residential apartments. A coin-operated laundry area is provided for tenant use. The commercial portion has frontage and is positioned for access to nearby major routes, contributing to high-visibility commercial exposure. The structure is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$275k
Assessed land$65k
Assessed improvement$209k

Value estimate

· Sep 2026
$380k
$342k – $418k
AI approach$380k
NOI build-up
Gross scheduled income$103k
Vacancy & credit loss−$10k
Operating expenses−$35k
NOI · 9.75% cap applied$58k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$150/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$71 – $238
Qualifying comparables5

Cap rate analysis

How does the asset earn?
9.75%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
The purpose of this district is for philanthropic, fraternal, social or educational office, club or meeting, veterinarian, veterinary hos...
General categoryCIVIC_INSTITUTIONAL
JurisdictionWEST WARWICK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Realty agency17.9
Dental Office16.6

Location

1674 Main St West Warwick, RI 02893
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Main, West Warwick, RI 02893-5660 $667,500 Mar 2025 3,627 SF
1236 Main, West Warwick, RI 02893-4856 $1,100,000 Oct 2024 6,193 SF
721 Providence, West Warwick, RI 02893-1524 $400,000 Sep 2023 5,095 SF
27 Pike, West Warwick, RI 02893-3611 $1,050,000 Oct 2022 4,465 SF
300 Providence, West Warwick, RI 02893-2052 $320,000 Apr 2022 4,192 SF
9 Pleasant, West Warwick, RI 02893-5611 $205,000 Jun 2021 3,799 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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