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Property profile & analytics
OFF-MARKET Estimated value $1,275,000
Industrial properties

25 James P Murphy Ind Hwy West Warwick, RI 02893-2382

21,300 SF 3 ac lot Built 1987
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US76-0086698
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Total area 21,300 SF
Lot 3 ac (130,680 SF)
Zoning code BP
APN WWAR 030-0055-0-000
UPID US76-0086698
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
Current use
Occupant on record · Public records
  • Pease Awning & Sunroom Co. Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
$1.53M
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.28M
Owner & transaction history
Dej Realty INC · 8 yrs held
Dej Realty INC
since 2018
1 recorded transaction
2018
$1.4M
Zoning & alternative use
BP · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Business park (BP). 4.2 Split lots. Wherever a district boundary splits a lot into two or more separate zoning districts, a prospective use may be processed only if it is listed in the table of uses for the district. The dimensional requirements for such use shall be determined by the district in which it is located. Where a proposed use is permitted in two…

Zone name Business Park
General category COMMERCIAL
Zone area 254.78 ac
Source code of ordinances
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