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    Property profile & analytics
    OFF-MARKET Estimated value $1,135,000
    Industrial properties

    275 Highpoint Ave, Portsmouth, RI 02871-1338

    17,515 SF 1.3 ac lot Built 1996
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US76-0176155
    Property summary
    AI-generated overview

    This exceptional industrial property, located in the vibrant Portsmouth Business Park, presents a unique opportunity for businesses seeking versatile warehouse and office space. The single building, constructed in 1996, offers a total of 19,592 square feet, with a minimum divisible space of 4,400 square feet currently available. The property boasts a two-story design, providing ample space for both storage and administrative functions. The warehouse area features high ceilings, perfect for storing inventory or conducting light manufacturing. Adjacent office spaces offer a professional setting for administrative teams. Efficient loading and unloading are facilitated by an overhead door, with shared access to a truck-level overhead door. This property is situated for convenient access to major transportation arteries, streamlining distribution and logistics. The property is located in Newport County and is ideal for a variety of industrial uses. This is a multi-tenant building, offering flexibility for businesses of various sizes. The combination of warehouse and office space, coupled with its strategic location, makes this property an attractive option for businesses seeking a functional and efficient workspace. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1996
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 17,515 SF
    Lot 1.3 ac (56,628 SF)
    Zoning code LI
    APN PORT M:038 B:0021
    UPID US76-0176155
    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
    • Dynamic Dollies Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    • Apex Fixture Corporate Office
    • Island Athletics Gym & Fitness Center
    • Dsri Publishing House Newspaper & Magazine
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.26M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.14M
    Owner & transaction history
    275 High Pt LLC · 13 yrs held
    275 High Pt LLC
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    LI · Portsmouth, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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