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    Property profile & analytics
    OFF-MARKET Estimated value $1,465,000
    Industrial properties

    22 Frontage Rd, Westerly, RI 02891

    14,400 SF 4.89 ac lot Built 2019
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US76-0291496
    Property summary
    AI-generated overview

    This exceptional commercial warehouse property, located at 22 Frontage Road in Westerly, Rhode Island, presents a unique investment opportunity. The property boasts a substantial 143,748 square foot lot, entirely enclosed by a perimeter fence, ensuring security and privacy. The main building, constructed in 2019, offers 14,780 square feet of well-maintained warehouse space. All utilities are conveniently connected to the property, minimizing setup costs for the new owner. The building's design is described as a "Butler type" structure, suggesting a high-quality, efficient build. This single-unit property is ideal for a variety of commercial uses, requiring an inspection to fully appreciate its features and potential. The asking price for this turnkey operation is $3,500,000. Located in Washington County, Rhode Island, with a zip code of 02891, this property offers easy access to major transportation routes and is situated in the thriving town of Westerly. The property's size and features make it an attractive option for businesses seeking a modern, secure, and well-equipped warehouse space. Serious inquiries are encouraged to schedule a viewing.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 2019
    Construction STEEL FRAME
    Total area 14,400 SF
    Lot 4.89 ac (213,008 SF)
    APN WEST M:49 B:36 L:A
    UPID US76-0291496
    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
    $1.04M
    Comparable Approach Comparable
    $1.88M
    Blend (final) Blend
    $1.47M
    Owner & transaction history
    22 Frontage Rd LLC · 1 yrs held
    22 Frontage Rd LLC
    since 2025
    7 recorded transactions
    2025
    $973,150
    2021
    2020
    2020
    2020
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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