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    Property profile & analytics

    800 Shr Rd Warwick, RI 02889-2609

    • Investment properties
    • 3,608 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $800,000
    Last Sale
    May 23, 2022
    $570,000
    Location Intelligence
    Property ID
    US76-0027000
    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.

    Current Use by Public Records

    • The Crabby Lion / Furniture Maker / Rustic Furniture Store

    Property Details for 800 Shr Rd

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    3,608 SF
    Zone code
    GB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WARW M:317 B:0348 L:0000
    APU
    WARWM317B0348L0000

    Description

    This exceptional commercial property at 800 West Shore Road, Warwick, RI 02889, presents a fantastic investment opportunity. Situated on a 5,345 square foot corner lot in the desirable Conimicut neighborhood, this mixed-use property offers convenient highway access and significant potential for diverse business ventures. The property includes two buildings, with one featuring a 1,800 square foot commercial storefront ideal for a restaurant, bar, or warehouse operation. Built in 1915, the buildings have undergone substantial recent upgrades, including modern heating and cooling systems, upgraded electrical panels, a new roof, new water heaters, durable industrial flooring, updated windows, and a new fire alarm system. Ample storage space is available in the full basements. The asking price for this single-unit property is $2,500. This location offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses seeking a well-maintained and updated space in a thriving Rhode Island community. The property's versatile nature and recent renovations make it a truly compelling investment opportunity. Don't miss this chance to secure a prime commercial space in a sought-after location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $655,000
      6.5%
      $600,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $580,000
      Retail
      $580,000
      Mixed-Use
      $660,000
      Hospitality
      $705,000
      Educational
      $630,000
      Residential Income
      $530,000
      Energy
      $600,000
      Income-Based Land
      $705,000
      Food Service
      $665,000

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.3811
    Latitude
    41.7233
    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
    2023
    $0.00
    $89,000
    $427,600
    $516,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      600 SF

      150 Wharf Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 600 SF
      150 Wharf Rd, Warwick, RI 02889-4234
      View Details
    • Value Estimation
      $490,000
      2,900 SF

      2141 Shr Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,900 SF
      2141 Shr Rd, Warwick, RI 02889-8426
      View Details
    • Value Estimation
      $405,000
      900 SF

      93 Airport Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 900 SF
      93 Airport Rd, Warwick, RI 02889-1002
      View Details
    • Value Estimation
      $485,000
      6,122 SF

      1008 Shr Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,122 SF
      1008 Shr Rd, Warwick, RI 02889-2730
      View Details
    • Value Estimation
      $280,000
      2,931 SF

      1922 Warwick Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,931 SF
      1922 Warwick Ave, Warwick, RI 02889-2263
      View Details
    • Value Estimation
      $400,000
      1,568 SF

      1804 Warwick Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,568 SF
      1804 Warwick Ave, Warwick, RI 02889-2227
      View Details

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    Similar Nearby for Lease

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    • $0.03 SF/Yr
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    800 Shr Rd
    Warwick, RI 02889-2609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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