27 Carrington St, Lincoln, RI 02865-1702
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ML05 · Lincoln, RILincoln. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.