Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    627 Warwick Ave Warwick, RI 02888-2678

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    627 Warwick Ave Warwick, RI 02888-2678


    • Showrooms
    • 4,580 SF
    • 0.77 lot acres
    Off-Market
    Last Sale Sep 26, 2024
    $1,000,000
    Property ID
    US76-0060798
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    5.7%
    Showrooms
    Location Intelligence

    Current Use by Public Records

    • Skate For Joy / Training Center
    • C & L Builders Inc / Construction Company

    Property Details for 627 Warwick Ave

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.77 lot acres
    Property size
    4,580 SF
    Zone code
    GB
    Property type
    Showrooms
    APN
    WARW M:293 B:0015 L:0000
    APU
    WARWM293B0015L0000

    Description

    This exceptional Warwick, Rhode Island property offers a unique investment opportunity encompassing 33,541 square feet of land and two buildings totaling approximately 9,260 square feet. Built in 1981, the property features a main office building and a separate storage building, providing versatile space for a variety of uses. The office building, spanning 4,580 square feet, is divided into upper and lower levels. The upper level (2,564 sq ft) includes a common area with reception, kitchen, and guest bathroom, along with five individual office units; three smaller units and two larger units with private bathrooms. The lower level (2,016 sq ft) offers two large office units, each with its own private bathroom, and a shared guest bathroom. The separate storage building (4,680 sq ft) is comprised of three individual garage units, perfect for storage needs. The property's ample parking and versatile space make it ideal for a range of businesses, from professional offices (legal, medical, accounting) to workshops, clubs, organizations, or retail/supply storage. The asking price for this multi-use property is $10,000. Located at 627 Warwick Avenue, Warwick, RI 02888, this property presents a compelling opportunity in a desirable Kent County location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,000,000
      ML approach
      $1,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $945,000
      6.5%
      $870,000
      7%
      $810,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,217,000
      Market price range: $534k - $1.27M
      AI Estimate
      $915,000
      Market price range: $320k - $1.05M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $925,000
      Current use
      OFFICE BUILDING
      $1,005,000
      Change: +9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4053
    Latitude
    41.7587
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,104
    $133,100
    $542,400
    $675,500
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message