Property profile

1674 Main St West Warwick, RI 02893

FOR SALE
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Property ID
US76-0222305
4,698 SF 0.21 ac 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.
Market Trends Soon

Property summary

AI-generated overview

Located at 1674 Main Street in West Warwick, the property is a 4,698-square-foot mixed-use building built in 1930 on a 0.21-acre corner lot near major routes. It includes 2,861 square feet of first-floor retail and restaurant space with flexible configuration for retail or restaurant use, and also contains three residential apartments. A coin-operated laundry area serves the residential component. The brick structure has a basement, baseboard heating, and ceiling heights that range from 7 to 12 feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

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

Value estimate

· Nov 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 16 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 comparables16

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 16 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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