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Property profile & analytics
OFF-MARKET Estimated value $1,595,000
Industrial properties

399 Kilvert St Warwick, RI 02886-1344

25,382 SF 3.07 ac lot Built 1964
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US76-0116527
Property summary
AI-generated overview

This exceptional investment opportunity presents a 25,382-square-foot industrial property situated on a sprawling 10.34-acre lot in Warwick, Rhode Island. The property, zoned GI (General Industrial), boasts three buildings, constructed in 1964 and extensively renovated in 2010, offering a blend of modern amenities and established infrastructure. The main structure features approximately 20,000 square feet of warehouse/manufacturing space, complemented by 5,000 square feet of office space. Two grade-level overhead dock high doors facilitate efficient loading and unloading. The building benefits from a generous 20-foot ceiling height. All essential utilities are readily available, including heavy electric service, natural gas, municipal water, and sewer. The property's prime location provides convenient access to T.F. Green Airport, rail lines, and major highways, maximizing logistical advantages. Currently vacant, the property offers immediate occupancy starting August 2, 2024. The asking price is $2,100,000, translating to $82.74 per square foot. This owner-user opportunity presents a compelling combination of size, location, and functionality, ideal for a variety of industrial and commercial uses. The property includes the majority of Three Ponds Brook Pond, although the usable land area is approximately 6 acres. This Class C building presents a strong value proposition for discerning investors seeking a substantial footprint in a strategic Rhode Island location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,382 SF
Lot 3.07 ac (133,729 SF)
Zoning code GI
APN WARW M:278 B:0002 L:0000
UPID US76-0116527
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
  • Geib Refining Corporation Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.82M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.60M
Owner & transaction history
One Kilvert Street LLC · 1 yrs held
One Kilvert Street LLC
since 2025
Last sale
$1.5M
4 recorded transactions
2025
$1.5M
2010
Price N/A
2005
$355,500
2005
Price N/A
Zoning & alternative use
GI · Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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