74 College St Warwick, RI 02886
- Industrial properties
- 9,240 SF
- 0.90 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 74 College St
- Year built
- 1975
- Construction
- STEEL FRAME
- Lot size
- 0.90 lot acres
- Property size
- 9,240 SF
- Zone code
- WB
- Property type
- Industrial properties
- APN
- WARW M:245 B:0034 L:0000
- APU
- WARWM245B0034L0000
Description
This exceptional 9,240-square-foot industrial property, located at 74 College Street in Warwick, Rhode Island, presents a compelling owner-user investment opportunity. Situated on a sizable 1.48-acre lot encompassing three separate parcels (Plat 245/Lots 34, 35, and 386), this warehouse and manufacturing space offers significant potential. The building features convenient access to major roadways, including I-95 and I-295, ensuring efficient transportation and logistics. Loading and unloading are facilitated by two covered exterior loading docks and a 12-foot high by 10-foot wide grade-level door. Ample paved parking and loading areas are available on-site. The property is zoned WB (Waterfront Business District), providing flexibility for various industrial uses. Annual property taxes are $13,584.18. This turnkey industrial space is ready for immediate occupancy and offers a rare combination of size, location, and functionality. The property's strategic location and robust infrastructure make it an ideal choice for businesses seeking a well-equipped and conveniently situated industrial facility in the thriving Warwick market. Don't miss this chance to acquire a prime industrial asset in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $515,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $630,000
- Mixed-Use
- $630,000
- Hospitality
- $475,000
- Educational
- $580,000
- Residential Income
- $500,000
- Energy
- $635,000
- Income-Based Land
- $610,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.4553
- Latitude
- 41.6985
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA