Property summary
This exceptional investment opportunity presents a fully approved 48-unit condominium complex situated on a generous 5.78-acre lot at 270 Post Road in Warwick, Rhode Island. Priced at $2,599,000, this solid brick building offers significant potential for a savvy developer. While requiring a complete interior build-out, the foundation is strong, with a recently installed roof (2020). The unit mix is well-diversified, including five studio units, five two-bedroom units, and thirty-eight… one-bedroom units, catering to a broad range of potential residents. Detailed parking plans and layouts are readily available for review, providing a clear vision for the project's completion. This property represents a unique chance to capitalize on the strong demand for residential units in Warwick, transforming a solid structure into a thriving community. The substantial lot size offers ample space for future expansion or amenity additions, further enhancing the property's value and appeal. The approved plans streamline the development process, minimizing delays and maximizing return on investment. This is an exceptional opportunity for an investor seeking a high-yield project with significant upside potential. Don't miss this chance to acquire a prime piece of Warwick real estate.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 33,439 SF
- Lot area
- 5.78 ac
- Year built
- 1967
- Stories
- 1
- APN
- WARW M:293 B:0940 L:0000
- Zoning
- A7
- Assessed value · 2023
- $1,280,500
- Annual tax · 2023
- $31,795
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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