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Property profile & analytics
FOR LEASE
Industrial properties
380 Jefferson Blvd Warwick, RI 02888
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US76-0116450
For Lease
1 / 2
$10.50 SF/Yr
380 Jefferson Blvd, Warwick, RI 02888
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
79,066 SF
Lot
4.69 ac (204,296 SF)
Zoning code
GI
APN
WARW M:279 B:0001 L:0000
UPID
US76-0116450
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
-
Laird Plastics - Warwick Industrial Manufacturer Production Facility
-
Graphic Innovations Inc (Bike/Boat/Book/etc) Store Printing Service
-
Frontline Fitness Gym & Fitness Center (Bike/Boat/Book/etc) Store
-
It Starts Here Fitness Gym & Fitness Center
-
Regal Rug Big Box & Wholesale Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.66M
Comparable Approach
Comparable
$8.32M
Blend (final)
Blend
$6.67M
Owner & transaction history
Llncoln Thomas Dev LLC · 12 yrs held
Llncoln Thomas Dev LLC
since 2014
4 recorded transactions
Zoning & alternative use
GI · Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$6,130,000
6.5%
$5,660,000
7%
$5,255,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,415,000
Current use
Blend value · Realmo final
$6.67M
Range $6.00M – $7.34M · ±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
$84 / 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
$105,433
Tax year 2023
Assessed value
$4,246,200
Assessed 2023
Previous assessed
$3,457,900
+22.8% YoY
Effective rate
2.48%
On assessed value
Assessed land
$1,127,900
Assessed improvement
$3,118,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
10
Total area
79,066 SF
Lot
4.69 ac (204,296 SF)
Zoning code
GI
APN
WARW M:279 B:0001 L:0000
UPID
US76-0116450
Jurisdiction
WARWICK
Zoning & alternative use
GI · Warwick, RI
Zoning GI · permitted uses
GI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$10.4M
INDUSTRIAL (GENERAL) Current
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
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
10
Lot
4.69 ac
Current owner
From public records · entity-resolved
Llncoln Thomas Dev LLC
Entity
Mailing address
PO BOX 40266, PROVIDENCE, RI 02940-0266
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2014
$3,250,900
Llncoln Thomas Dev LLC
Link Commercial Props
Warranty Deed
$2,475,000 · Bank Rhode Island
Jan 30, 2013
—
Link Commericil Props LLC
—
Deed Of Trust
related
$3,950,000 · Bank Of Newport
Jun 3, 2004
$155,000
Ernest R Croce
Croce,ernest R
Grant Deed
related
—
Oct 6, 2000
—
Commercial Prop Link
—
Deed Of Trust
related
$1,200,000 · Sovereign Bank
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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