Property summary
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
VerifiedCap rate & NOI
Current use
-
Metal Fabrication Plant Factory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
General industrial district (GI). Properties mapped in accordance with subsection 303 of this ordinance and used for general industrial and manufacturing operations and enterprises, including assembly of durable goods, b…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
GI · Warwick, RIGeneral industrial district (GI). Properties mapped in accordance with subsection 303 of this ordinance and used for general industrial and manufacturing operations and enterprises, including assembly of durable goods, b…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
General industrial district (GI). Properties mapped in accordance with subsection 303 of this ordinance and used for general industrial and manufacturing operations and enterprises, including assembly of durable goods, b…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GI in Warwick, RI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight