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Financial
Distress signals
Property profile

616 Shr Rd Warwick, RI 02889

OFF-MARKET
Showrooms
Property ID
US76-0132063
2,500 SF 0.28 ac lot Built 1964
Last sale Apr 2021 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Warwick, RI commercial property, located at 616 West Shore Road, presents a unique investment opportunity. The 12,197 square foot lot features a single building constructed in 1964, ideally suited for an automotive dealership or similar commercial enterprise. The property boasts a spacious showroom, service bays for convenient on-site maintenance and repairs, and modern office space for administrative functions and client interactions. Its prime location on West Shore Road…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$241k
Assessed land$111k
Assessed improvement$130k
Effective rate2.48%

Value estimate

· Oct 2026
$380k
$342k – $418k
AI approach$445k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$212/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$134 – $350
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
A-10, A-7, O, WB, GB, LI, GI. 200.108. Nightclub. A retail establishment that stays open late at night and provides food, beverages and e...
General categoryCOMMERCIAL
JurisdictionWARWICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.9
Dental Office15.7
Law Firm14.0

Location

616 Shr Rd Warwick, RI 02889-1349
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
164 Airport, Warwick, RI 02889-1042 $330,000 Dec 2025 2,080 SF
1979 Warwick, Warwick, RI 02889-2422 $100,000 Dec 2025 2,784 SF
859 Oakland Bch, Warwick, RI 02889-9616 $310,112 Oct 2024 3,014 SF
2298 Shr, Warwick, RI 02889-8457 $165,000 Apr 2024 2,226 SF
2121 Shr, Warwick, RI 02889-8426 $500,000 Feb 2024 2,400 SF
15 Alfred, Warwick, RI 02889-8004 $15,000 May 2023 2,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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