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171 Centerville Rd Warwick, RI 02886

OFF-MARKET Land Google Maps
5.4 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US76-0014249

Property summary

AI-generated overview

This exceptional 5.4-acre commercial land parcel presents a unique investment opportunity in Warwick, Rhode Island. Strategically located at 171, 181, 203, 221 & 250 Centerville Road, in Kent County, zip code 02886 (41.6981113, -71.4673421), this property boasts significant advantages for developers and businesses alike. The site benefits from a high-traffic, lighted intersection, ensuring excellent visibility and accessibility. Its strong sightlines and convenient access make it ideal for a variety of commercial uses. The property's location fosters good retail synergy, capitalizing on the existing commercial activity in the area. Furthermore, the substantial frontage on Centerville Road provides exceptional exposure to a large volume of daily traffic. All utilities are conveniently located on-site, simplifying development plans. The property's size and configuration allow for sub-division, offering flexibility for tailored projects. This prime location, coupled with its versatile attributes, makes this a truly exceptional opportunity for commercial development in a thriving Rhode Island market. The property is zoned for commercial use.

Property profile

Verified
Property type Land
Lot 5.4 ac (235,224 SF)
UPID US76-0014249

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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