Property profile

74 College St Warwick, RI 02886

OFF-MARKET
Industrial properties
Property ID
US76-0198803
9,240 SF 0.9 ac lot Built 1975
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Construction STEEL FRAME
Total area 9,240 SF
Lot 0.9 ac (39,204 SF)
Zoning code WB
APN WARW M:245 B:0034 L:0000
UPID US76-0198803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

74 College St Warwick, RI 02886
Warwick metro Census 22000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
$660k
Comparable Approach Comparable
$954k
Blend (final) Blend
$495k

Owner & transaction history

since 2025
Last sale
$722,500
3 recorded transactions
2025
Price N/A
2025
$722,500
2015
$505,000

Zoning & alternative use

WB · 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 COMMERCIAL

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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