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60 Dunnell Ln Pawtucket, RI 02860-5828

OFF-MARKET Industrial properties Google Maps
26,976 SF 1.97 ac lot Built 1920
Entity Owned 9-yr Hold ~ Est. High Equity
Estimated value (blended)
$545k
Range $491k – $600k (±10%)
Property ID US76-0237308

Property summary

AI-generated overview

This exceptional industrial property, located at 60 Dunnell Lane in Pawtucket, Rhode Island, offers 26,976 square feet of versatile space ideal for warehouse, manufacturing, or flex uses. Situated on approximately 85.813 acres of land, this single-story, single-tenant building presents a unique opportunity for businesses seeking a prominent location in Providence County. Built in 1920, the structure features a solid brick façade and a functional interior layout. The interior boasts a mix of masonry and drywall, with durable vinyl flooring throughout. Heating is provided by a combination of industrial unit heaters and a forced air system. The property includes updated fire and wet sprinkler systems for safety. Loading and unloading are facilitated by two overhead doors with manual load levelers at the side loading docks, and a drive-in door on the opposite side. Zoned MO, this property is conveniently located along Dunnell Lane and Rhode Island Avenue, offering easy access to I-95 and providing coverage for both Rhode Island and Southern Massachusetts. The ample land provides room for expansion or outdoor operations, and there is extensive parking available. The property's history reflects Pawtucket's industrial heritage, making it a compelling option for businesses seeking a blend of character and modern functionality. The APN is PAWT M:34 L:0277, and the zip code is 02860.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,976 SF
Lot 1.97 ac (85,813 SF)
Zoning code MO
APN PAWT M:34 L:0277
UPID US76-0237308

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
  • Production Facility
  • Church Mosque

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$545k

Owner & transaction history

since 2017
2 recorded transactions
2017
$600,000
2012
$605,000

Zoning & alternative use

MO · Pawtucket, RI
Zoning description

Industrial Open MO. This zone is intended for light industrial uses that accommodate a variety of manufacturing, assembly, storage of durable goods and related activities. K. Industrial Built-Up MB. This zone is intended…

General category INDUSTRIAL

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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