28 Albion Rd Lincoln, RI 02865-3706
- Industrial properties
- 7,728 SF
- 2.65 lot acres
Current Use by Public Records
- Raycon Construction Llc / Contractor
Property Details for 28 Albion Rd
- Year built
- 1967
- Construction
- CONCRETE
- Lot size
- 2.65 lot acres
- Property size
- 7,728 SF
- Zone code
- ML05
- Property type
- Industrial properties
- APN
- LINC M:28 L:075.0 U:
- APU
- LINCM28L0750U
Description
This exceptional industrial property at 28 Albion Road, situated on a generous 2.65-acre lot in Providence County, presents a unique opportunity. The warehouse building itself offers 7,728 square feet of versatile space, ideally suited for a variety of industrial uses. Within this space, you'll find 2,865 square feet of garage space, perfect for vehicle storage or maintenance, complemented by 3,944 square feet of office space. Three 13-foot-high drive-in doors provide convenient access for loading and unloading. The property boasts significant covered outdoor storage, including a 13,856-square-foot attached canopy (17 feet to the deck, 14 feet clear) and an additional 7,800+ square-foot truck canopy (14-19 feet to the deck, 12.5 feet clear at the perimeter). The ample outdoor space, combined with the building's features, makes this property ideal for businesses requiring substantial storage and operational space. Its strategic location offers easy access to Routes 146 and 295, placing it within convenient reach of major transportation arteries. Furthermore, its proximity to the North Central Industrial Park provides access to a thriving business community and a wealth of area amenities. The property is zoned ML05 and features ample parking. The total building size is 21,584 square feet, with 7,728 square feet currently vacant. This property offers a rare combination of indoor and outdoor space, making it an attractive option for businesses seeking efficient operations and convenient logistics.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,490,000
- 6.5%
- $2,665,000
- 7%
- $2,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,705,000
- Geo Method
- $2,465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,655,000
- Retail
- $2,890,000
- Mixed-Use
- $2,750,000
- Hospitality
- $2,350,000
- Educational
- $2,750,000
- Residential Income
- $2,585,000
- Energy
- $2,825,000
- Income-Based Land
- $2,325,000
- Food Service
- $2,490,000
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4818
- Latitude
- 41.9308
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
