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    OFF-MARKET
    Industrial properties

    27 Carrington St, Lincoln, RI 02865-1702

    11,445 SF 0.69 ac lot Built 1890
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US76-0364210
    Property summary
    AI-generated overview

    This exceptional 17,680 square foot industrial mill in Lincoln, Rhode Island presents a unique owner-user opportunity. Situated on a 0.65-acre lot, this single-building property boasts 12-foot ceilings and double-door loading capabilities, ideal for various industrial or manufacturing uses. The building features 100 AMP electrical service, ensuring ample power for operations. Its strategic location in an industrial zone (ML05) along the Blackstone River provides convenient access to Route 146 and the Massachusetts state line, enhancing logistical efficiency. The asking price is $625,000, translating to a competitive price per square foot of $35.35. This property is perfect for businesses seeking a well-equipped space with excellent accessibility and a strong industrial presence. The property's size and features make it suitable for a range of industrial and manufacturing operations, offering significant potential for growth and expansion. The combination of its location, size, and features makes this a highly desirable property for owner-occupiers seeking a strategic location in a thriving industrial area. The property's zoning and access to major transportation routes further enhance its appeal to businesses seeking a seamless operational environment.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1890
    Construction FRAME
    Total area 11,445 SF
    Lot 0.69 ac (29,882 SF)
    Zoning code ML05
    APN LINC M:05 L:065.0 U:
    UPID US76-0364210
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Zell LLC · 2 yrs held
    Zell LLC
    since 2023
    2 recorded transactions
    2023
    $335,000
    2011
    $25,000
    Zoning & alternative use
    ML05 · Lincoln, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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