Property profile

25 Railroad Ave Westerly, RI 02891

FOR SALE
Other investment properties
Property ID
US76-0300295
3,251 SF 0.09 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of a remodeled commercial suite configured with an open floor plan that can be customized for office or retail use, including the potential to add cubicles or reconfigure the interior layout. A slider door provides direct access for bringing in larger equipment. The suite is commercial-only (not residential) and has a total area of 1,711 square feet. It is located in central Westerly, Rhode Island at the border area, positioned across from the Westerly Train Station and near the Westerly Airport. The location is described as approximately ten minutes from Mystic and/or Interstate 95, and it is characterized by frontage on a roadway with an identified traffic count of about 15,000–20,000 vehicles per day. The parking arrangement includes four dedicated parking slots plus additional street parking nearby.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,251 SF
Lot 0.09 ac (3,978 SF)
APN WEST M:56 B:53
UPID US76-0300295

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
  • Renovation Specialist Hardware & Home Improvement

Location

25 Railroad Ave Westerly, RI 02891
Westerly metro Census 50801 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

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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More about this property
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