Property profile

25 Blackstone Valley Pl Lincoln, RI 02865

FOR SALE
Showrooms
Property ID
US76-0349661
75,950 SF 5.3 ac lot Built 1989
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This updated office building offers flexible creative office space in a highly desirable Northern Rhode Island location. The property boasts a range of suite sizes, accommodating businesses requiring anywhere from 5,000 to 60,000 square feet. The building's convenient location provides easy access for employees and clients alike. A significant advantage is the abundance of on-site parking, a valuable asset often lacking in comparable properties. The building's strategic placement adjacent to established corporate giants, Amica Insurance and RI Energy, further enhances its appeal and contributes to a vibrant and professional atmosphere. The modern design and updated facilities ensure a comfortable and productive work environment. Multiple tenancy options are available, making this property suitable for a variety of business needs and sizes. Whether your company requires a smaller, efficient space or a larger, expansive layout, this Northern RI location offers the flexibility to accommodate your specific requirements. The property's prime location and ample parking make it an exceptional opportunity for businesses seeking a high-quality, well-situated office space. Contact us today to learn more about available suites and lease terms. This is a rare opportunity to secure office space in a thriving business community.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1989
Construction STEEL FRAME
Total area 75,950 SF
Lot 5.3 ac (230,868 SF)
Zoning code ML05
APN LINC M:31 L:150.0 U:
UPID US76-0349661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Pharmacy
  • Daycare Center
  • Atm

Location

25 Blackstone Valley Pl Lincoln, RI 02865
Lincoln metro Census 11600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.50M

Owner & transaction history

since 2024
Last sale
$3.5M
6 recorded transactions
2024
$3.5M
2017
Price N/A
2017
Price N/A
2005
$8.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ML05 · Lincoln, RI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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