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    Property profile & analytics
    OFF-MARKET Estimated value $5,630,000
    Industrial land

    175 Post Rd, Warwick, RI 02888-1526

    103,339 SF 15.77 ac lot Built 1955
    Individually Owned 7-yr Hold Free & Clear
    Property ID
    US76-0118496
    Property summary
    AI-generated overview

    This exceptional 715,327 square foot land parcel is located at 175 Post Road in Warwick, Rhode Island, within the Pawtuxet Industrial Park (zip code 02888). Currently zoned for industrial use, this expansive property presents a significant opportunity for developers seeking a large-scale project. The site offers ample space for various commercial ventures, potentially including warehousing, light industrial facilities, or other suitable developments. While the property itself has no existing buildings or units, its size and location make it highly attractive. The property is conveniently situated with easy access via Venturi Avenue. Note that the adjacent Pawtuxet Industrial Park currently offers 20 exterior parking units (12' x 80'), suitable for various vehicles including tractor trailers, construction equipment, and recreational vehicles. However, this parking is separate from the offered land parcel. The listed price is $250,000. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. The property is privately fenced, offering security and control. Please note that on-site storage of materials or supplies is not permitted within the adjacent parking area.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Year built 1955
    Construction STEEL FRAME
    Total area 103,339 SF
    Lot 15.77 ac (686,941 SF)
    Zoning code LI
    APN WARW M:291 B:0045 L:0000
    UPID US76-0118496
    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
    $7.40M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.63M
    Owner & transaction history
    Lee Beausoleil · 7 yrs held
    Lee Beausoleil
    since 2019
    1 recorded transaction
    2019
    $450,000
    Zoning & alternative use
    LI · Warwick, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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