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Property profile & analytics
OFF-MARKET Estimated value $1,900,000
Industrial properties

324 Washington St West Warwick, RI 02893-5926

32,172 SF 2.22 ac lot Built 1930
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US76-0084257
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1930
Construction STEEL FRAME
Total area 32,172 SF
Lot 2.22 ac (96,747 SF)
Zoning code B
APN WWAR 007-0296-0-000
UPID US76-0084257
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
  • Chase Machine & Engineering, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.31M
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.90M
Owner & transaction history
Gil Realty LLC · 9 yrs held
Gil Realty LLC
since 2017
3 recorded transactions
2017
Price N/A
2010
Price N/A
2007
Price N/A
Zoning & alternative use
B · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(b) Signs which advertise an activity, business, product or service no longer produced or conducted on the premises upon which the sign is located. No such sign shall remain in place or on vacated premises for more than one year from the date the vacancy commenced. (c) Signs which are attached to natural features, stone walls, utility poles, utility boxes, t…

Zone name Business
General category CIVIC_INSTITUTIONAL
Zone area 355.71 ac
Source code of ordinances
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