Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    245 Quaker Ln West Warwick, RI 02893

    • Showrooms
    • 7,630 SF
    • 0.72 lot acres
    For Lease
    View listing
    $899,900
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US76-0210655
    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

    • Specialty Building Products / Deck Builder

    Property Details for 245 Quaker Ln

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.72 lot acres
    Property size
    7,630 SF
    Zone code
    R-8
    Property type
    Showrooms
    APN
    WWAR 028-0472-0-000
    APU
    WWAR02804720000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $405,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $395,000
      Mixed-Use
      $400,000
      Hospitality
      $375,000
      Educational
      $310,000
      Residential Income
      $345,000
      Energy
      $430,000
      Income-Based Land
      $425,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    West Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5022
    Latitude
    41.6896
    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
    $10,440
    $118,200
    $214,600
    $332,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,912 SF

      9 School St

      SHOW ROOM, WAREHOUSE • 1,912 SF
      9 School St, West Warwick, RI 02893-5318
      View Details
    • Value Estimation by Request
      5,200 SF

      66 Aster St

      SHOW ROOM, WAREHOUSE • 5,200 SF
      66 Aster St, West Warwick, RI 02893-1106
      View Details
    • Value Estimation by Request
      3,066 SF

      65 Brookside Ave

      SHOW ROOM, WAREHOUSE • 3,066 SF
      65 Brookside Ave, West Warwick, RI 02893-5056
      View Details
    • Value Estimation by Request
      16,530 SF

      272 Cowesett Ave

      SHOW ROOM, WAREHOUSE • 16,530 SF
      272 Cowesett Ave, West Warwick, RI 02893-2205
      View Details
    • Value Estimation by Request
      6,777 SF

      251 Legris Ave

      SHOW ROOM, WAREHOUSE • 6,777 SF
      251 Legris Ave, West Warwick, RI 02893-2940
      View Details
    • Value Estimation by Request
      2,823 SF

      1124 Main St

      SHOW ROOM, WAREHOUSE • 2,823 SF
      1124 Main St, West Warwick, RI 02893-3724
      View Details

    Similar Nearby for Sale

    • $1,900,000
      2,340 SF

      West Warwick Multi-Business Property

      High-traffic corner, multiple income streams.
      128 Cowesett Ave, West Warwick, RI 02893
      View Details
    • $1,099,900
      0.31 Acres

      West Warwick Investment Opportunity

      Two investment properties with a profitable restaurant and medical office.
      923 Main St, West Warwick, RI 02893
      View Details
    • $450,000
      0.17 Acres

      West Warwick Commercial Opportunity

      Versatile commercial space with highway access and dedicated parking.
      568 Providence St, West Warwick, RI 02893
      View Details
    • New
      Contact for pricing
      0.12 Acres

      Refreshed Commercial Space, West Warwick

      Versatile commercial space on a high-visibility corner lot.
      1542 Main St, West Warwick, RI 02893
      View Details
    • $479,000
      4,570 SF

      Main Street Retail Opportunity

      Versatile commercial property on Main Street available for sale.
      1243 Main St, West Warwick, RI 02893
      View Details
    • $1,785,621
      8,400 SF

      Family Dollar Net Lease RI

      8,400 SF Retail Investment, 8% Cap Rate
      989 Main St, West Warwick, RI 02893
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,800 SF

      Retail Pad Sites For Lease

      Outparcels available for lease with high traffic counts.
      510 Quaker Ln, West Warwick, RI 02893
      View Details
    • $1,300 /Mo
      1,600 SF

      Versatile Space in West Warwick

      Adaptable 1,600 SF space suitable for retail, foodservice, or warehouse.
      27 Pike St, West Warwick, RI 02893
      View Details
    • $10 SF/Yr
      7,203 SF

      West Warwick Warehouse Space Available

      Flexible Industrial Space for Lease in RI
      86 Pulaski St, West Warwick, RI 02893
      View Details
    • Contact for pricing
      100,000 SF

      Industrial Build-to-Suit Opportunity

      Industrial spaces for lease, customizable to tenant specifications.
      98 Lacroix Dr, West Warwick, RI 02893
      View Details
    • Contact for pricing

      Laydown Pads for Rent

      Two laydown pads totaling approximately 4.5 acres available for rent.
      1600 Division Rd, West Warwick, RI 02893
      View Details
    • Contact for pricing
      100,000 SF

      Lacroix Drive Industrial Flex Space

      100,000 SF Flex Warehouse, Kent County
      0 Lacroix Dr, West Warwick, RI 02893
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    245 Quaker Ln
    West Warwick, RI 02893
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.