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    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Industrial properties

    551 Liberty Ln, West Kingston, RI 02892-1834

    4,190 SF 6.31 ac lot Built 1993
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US76-0110105
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 551 Liberty Lane in South Kingstown, Rhode Island, presents a rare opportunity to acquire three newly constructed warehouses totaling 57,600 square feet. Situated on a substantial 274,924 square foot lot, this development offers unparalleled convenience with easy access to major transportation arteries, including Route 95 and Route 138, providing seamless connectivity to Newport, Providence, New London, and Quonset. The property boasts a modern design, completed in 2023, and comprises three separate buildings. The largest building offers 30,000 square feet of space, followed by a 22,500 square foot building and a 2023-built 18,000 square foot building. Each warehouse is single-story, maximizing efficiency and ease of use. The property's strategic location in Washington County, Rhode Island, zip code 02892, offers significant advantages for businesses seeking efficient logistics and access to a thriving regional market. With its ample space, modern construction, and prime location, this property is an exceptional investment opportunity for industrial users seeking a high-quality, well-situated facility. The asking price for this exceptional three-building warehouse complex is $20 million. This is a unique opportunity to acquire a substantial industrial portfolio in a highly desirable location. Contact us today to learn more.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1993
    Construction STEEL FRAME
    Total area 4,190 SF
    Lot 6.31 ac (274,864 SF)
    Zoning code IND1
    APN SKIN P:021-3 L:000021
    UPID US76-0110105
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $825k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $753k
    Blend (final) Blend
    $825k
    Owner & transaction history
    Oak St Invest LLC · 2 yrs held
    Oak St Invest LLC
    since 2024
    Last sale
    $825,000
    1 recorded transaction
    2024
    $825,000
    Zoning & alternative use
    IND1 · West Kingston, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $860,000 +48.5%
    Office building $735,000 +27.0%
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