Property profile

75 Division Rd 5 West Greenwich, RI 02817

FOR SALE
Residential Income
Property ID
US76-0298513
2,254 SF 1 ac lot Built 1930
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Property summary

AI-generated overview

This storage and light industrial property is located along the East Greenwich / West Greenwich / Coventry line, approximately 200 yards from the I-95 north and south exit. It is within walking distance of the Center of New England and the State Police Headquarters under construction in the area. The space is configured for a range of uses including business office and warehouse functions, vehicle (car or cycle) storage and workshop use, boat storage, industrial equipment storage, light manufacturing, and/or a photo studio. The units include a restroom, provide heating, and allow interior build-outs such as a mezzanine or office area. The facility features high ceilings, assigned outdoor parking, and is positioned for high visibility along the approach to the interstate exit.

Property profile

Verified
Property type Residential Income
Year built 1930
Total area 2,254 SF
Lot 1 ac (43,560 SF)
APN WGRE M:001 B:0016 L:
UPID US76-0298513

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
  • Grocery & Convenience Store Specialty Food Shop

Location

75 Division Rd, Unit 5 West Greenwich, RI 02817
West Greenwich metro
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2017
Last sale
$315,000
2 recorded transactions
2017
$315,000
2017
Price N/A
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