Property profile

63 Bleachery Ct Warwick, RI 02886

OFF-MARKET
Showrooms
Property ID
US76-0130467
2,410 SF 0.48 ac lot Built 1973
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,410 square foot commercial building presents a remarkable investment opportunity in Warwick, RI. Situated on a 0.48-acre lot, this one-level, free-standing structure offers unparalleled versatility. Currently configured as a single office unit, the property's zoning (light industrial) allows for significant expansion and adaptation. The building's design readily accommodates up to three separate suites, providing flexibility for various business needs. Three independent heating units ensure efficient climate control throughout the space. Ample parking is provided by a large, paved lot, enhancing convenience for tenants and visitors. A key feature of this property is the inclusion of a 150-foot communication tower, offering substantial potential for supplemental income generation. Its strategic location near T.F. Green Airport and major highways ensures excellent accessibility and high visibility, making it an ideal choice for businesses seeking a prominent presence in the Warwick market. The property's adaptable layout, combined with its prime location and additional income stream, makes it a compelling investment opportunity with significant upside potential. The building is ready for immediate occupancy or can be customized to meet specific business requirements.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1973
Construction FRAME
Total area 2,410 SF
Lot 0.48 ac (20,909 SF)
Zoning code LI
APN WARW M:274 B:0284 L:0000
UPID US76-0130467

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 Corporate Office

Location

63 Bleachery Ct Warwick, RI 02886-1201
Warwick metro Census 22300 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2025
Last sale
$435,000
4 recorded transactions
2025
$435,000
2025
Price N/A
2024
$435,000
2006
$315,000

Zoning & alternative use

LI · Warwick, RI
Zoning description

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 entertainment, but shall not include adult entertainment. 200.109. Nonconformance. A…

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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