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    Property profile & analytics

    191 2nd Ave Warwick, RI 02888-1155

    • Industrial properties
    • 3,740 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US76-0133162
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • True Scent Candles / Candle Store
    • Microplastic Free Systems and Safety / Food And Beverage Exporter
    • Remedion / Food Processing Company

    Property Details for 191 2nd Ave

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    3,740 SF
    Zone code
    LI
    Property type
    Industrial properties
    APN
    WARW M:286 B:0308 L:0000
    APU
    WARWM286B0308L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $365,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $435,000
      Mixed-Use
      $360,000
      Hospitality
      $390,000
      Educational
      $360,000
      Residential Income
      $345,000
      Energy
      $385,000
      Income-Based Land
      $330,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.426
    Latitude
    41.7589
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,766
    $49,500
    $223,000
    $272,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      78,080 SF

      150 Herff Jones Way

      INDUSTRIAL (GENERAL) • 78,080 SF
      150 Herff Jones Way, Warwick, RI 02888-1332
      View Details
    • Value Estimation by Request
      13,667 SF

      105 Bellows St

      INDUSTRIAL (GENERAL) • 13,667 SF
      105 Bellows St, Warwick, RI 02888-1503
      View Details
    • Value Estimation
      $760,000
      19,220 SF

      215 Jefferson Blvd

      INDUSTRIAL (GENERAL) • 19,220 SF
      215 Jefferson Blvd, Warwick, RI 02888-3818
      View Details
    • Value Estimation
      $775,000
      13,120 SF

      50 Jefferson Park Rd

      INDUSTRIAL (GENERAL) • 13,120 SF
      50 Jefferson Park Rd, Warwick, RI 02888-1016
      View Details
    • Value Estimation
      $360,000
      5,200 SF

      200 Lavan St

      INDUSTRIAL (GENERAL) • 5,200 SF
      200 Lavan St, Warwick, RI 02888-1019
      View Details
    • Value Estimation by Request
      15,600 SF

      421 Lincoln Ave

      INDUSTRIAL (GENERAL) • 15,600 SF
      421 Lincoln Ave, Warwick, RI 02888-3029
      View Details

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    • $686,000
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    • $250,000

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    Similar Nearby for Lease

    • $10 SF/Yr
      16,500 SF

      Warwick Flex Office Space

      16,500 SF flex office space in excellent condition.
      30 Jefferson Park Rd, Warwick, RI 02888
      View Details
    • Contact for pricing
      16,186 SF

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      16,186 SF industrial building with redevelopment potential.
      50 Jefferson Blvd, Warwick, RI 02888
      View Details
    • $16 SF/Yr
      1,500 SF

      Renovated Flex Space Available

      Recently renovated flex space with overhead door and high ceilings.
      5800 Post Rd, East Greenwich, RI 02888
      View Details
    • $725 /Mo
      600 SF

      Warwick Office/Retail Space Available

      600 SF office or retail space for rent.
      895 Post Rd, Warwick, RI 02888
      View Details
    • Contact for pricing
      25,906 SF

      Retail Space in East Greenwich

      Retail property in affluent East Greenwich, Rhode Island.
      5600 Post Rd, East Greenwich, RI 02888
      View Details
    • $16 SF/Yr
      1,500 SF

      High-Traffic Retail/Office Space Available

      1500 SF retail/office space on high-traffic Post Road.
      1255 Post Rd, Warwick, RI 02888
      View Details
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    191 2nd Ave
    Warwick, RI 02888-1155
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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