192 Toll Gate Rd Warwick, RI 02886
- Commercial real estate
- 1.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 192 Toll Gate Rd
- Year built
- 1905
- Lot size
- 1.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.11-acre commercial lot at 192 Toll Gate Road, Warwick, RI, presents a compelling investment opportunity. Priced at $1,200,000, the property boasts a prime location in a high-traffic area with convenient access to I-95, ensuring excellent visibility and accessibility. The site is zoned for office use and is situated approximately 0.25 miles from Kent Hospital, further enhancing its appeal. A significant advantage is the inclusion of pre-approved plans for a 12,987 square foot medical/office building, complete with 65 parking spaces. These approvals will be transferred to the buyer upon closing, streamlining the development process and minimizing potential delays. The property's infrastructure is well-established, featuring readily available public sewer access located in the front easterly corner of the lot and public water access on the westerly side. This turnkey solution offers significant potential for immediate development or long-term appreciation. The property is being sold "as is," providing the buyer with the flexibility to customize the development to their specific needs and vision. This is a rare opportunity to acquire a strategically located commercial parcel with pre-approved plans, ready for immediate development in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.46968
- Latitude
- 41.70052
