Property profile

40 Albion Rd Lincoln, RI 02865

OFF-MARKET
Other industrial properties
Property ID
US76-0328974
22,210 SF 3.54 ac lot Built 1979
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a flex campus that combines air-conditioned office space with attached warehouse space, configured to accommodate both office and light industrial or warehousing uses. The listed space includes 4,673 square feet of air-conditioned office area and 3,000 square feet of warehouse area that was newly constructed, for a total of 7,673 square feet across the available configuration. The facility has two grade-level doors for warehouse access and is maintained in a manner consistent with ongoing tenant operations, with established occupancy that has included tenants such as Mars Chocolates and Thyssen Krupp.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1979
Total area 22,210 SF
Lot 3.54 ac (154,202 SF)
Zoning code MG05
APN LINC M:28 L:146.0 U:
UPID US76-0328974

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
  • (Bike/Boat/Book/etc) Store
  • Distribution Center Logistics Company
  • Production Facility
  • Medical Clinic

Location

40 Albion Rd Lincoln, RI 02865-3707
Lincoln metro Census 11600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.79M
Comparable Approach Comparable
$953k
Blend (final) Blend
$1.51M

Owner & transaction history

since 2011
6 recorded transactions
2025
Price N/A
2011
$1.6M
2011
$905,000
2011
$1
2011
Price N/A
1998
$754,000

Zoning & alternative use

MG05 · Lincoln, RI

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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