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Property profile

301 Concord St Pawtucket, RI 02860

FOR LEASE
Industrial properties
Property ID
US76-0229608
9.19 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 301 Concord Street in Pawtucket, Rhode Island, 02860, offers a prime opportunity for manufacturing businesses seeking flexible space options. The building boasts a total of 66,400 square feet, with 15,600 square feet currently vacant and immediately available for lease. Multiple tenants are accommodated, with spaces divisible down to a minimum of 2,000 square feet and contiguous spaces available up to 15,800 square feet. The property sits on a generous 9.02-acre lot, providing ample room for expansion or outdoor storage. The building features a desirable 16-foot ceiling height, ideal for various manufacturing processes and equipment. Convenient loading and unloading is ensured with the presence of five loading docks. This location in Pawtucket offers excellent access to major transportation routes, making it an ideal choice for businesses needing efficient logistics. The property is ready for immediate occupancy. Inquire today to learn more about leasing options and secure your space in this desirable industrial facility.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 9.19 ac (400,318 SF)
Zoning code MO
APN PAWT M:57 L:0544
UPID US76-0229608

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Building Supply Hardware & Home Improvement
  • Daycare Center
  • Church Mosque
  • Medical Clinic

Location

301 Concord St Pawtucket, RI 02860
Pawtucket metro Census 16300 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.83M

Owner & transaction history

since 2022
Last sale
$7.3M
7 recorded transactions
2022
$7.3M
2021
Price N/A
2021
$555,000
2020
$5.6M
2020
$1.1M
2019
Price N/A
2017
Price N/A

Zoning & alternative use

MO · Pawtucket, RI
Zoning description

Industrial Open MO. This zone is intended for light industrial uses that accommodate a variety of manufacturing, assembly, storage of durable goods and related activities. K. Industrial Built-Up MB. This zone is intended…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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