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Property profile & analytics
FOR LEASE
Showrooms
300 Jefferson Blvd Warwick, RI 02888
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US76-0078574
For Lease
$14,325,000
300 Jefferson Blvd, Warwick, RI 02888
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Construction
STEEL FRAME
Total area
76,788 SF
Lot
3.9 ac (169,884 SF)
Zoning code
LI
APN
WARW M:282 B:0197 L:0000
UPID
US76-0078574
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
-
The Capital Group Investment Advisors Financial Advisor
-
Bristol County Savings Bank - Commercial Lending & Residential Lending Office Bank Loan Service
-
SR Drivers Insurance Solutions of Warwick Marketing & Advertising
-
National Multiple Sclerosis Society Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.60M
Comparable Approach
Comparable
$16.20M
Blend (final)
Blend
$14.33M
Owner & transaction history
Dbs Dev LLC · 20 yrs held
Dbs Dev LLC
since 2006
2 recorded transactions
Zoning & alternative use
LI · Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$16.9M
+8.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,810,000
6.5%
$14,595,000
7%
$13,550,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$15,525,000
Current use
OFFICE BUILDING
$16,865,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$14.33M
Range $12.89M – $15.76M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$187 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$223,276
Tax year 2023
Assessed value
$8,992,200
Assessed 2023
Previous assessed
$8,559,500
+5.1% YoY
Effective rate
2.48%
On assessed value
Assessed land
$937,900
Assessed improvement
$8,054,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
15
Total area
76,788 SF
Lot
3.9 ac (169,884 SF)
Zoning code
LI
APN
WARW M:282 B:0197 L:0000
UPID
US76-0078574
Jurisdiction
WARWICK
Zoning & alternative use
LI · Warwick, RI
Zoning LI · permitted uses
LI · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warwick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$15.5M
OFFICE BUILDING
Est. value
$16.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
15
Lot
3.9 ac
Current owner
From public records · entity-resolved
Dbs Dev LLC
Entity
Mailing address
300 JEFFERSON BLVD STE #211, WARWICK, RI 02888-3860
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2009
—
Dbs Dev LLC
—
Deed Of Trust
related
$915,000 · Donald Watson
Jun 16, 2006
$327,000
Dbs Dev LLC
Clark,margot A
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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