Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    815 Jefferson Blvd Warwick, RI 02886-2265

    • Industrial properties
    • 600,771 SF
    • 30.33 lot acres
    OFF-MARKET
    Value Estimations
    $31,845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US76-0274079
    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

    • Growth Industries / Warehouse & Storage
    • American Standard Hemp Inc / (Bike/Boat/Book/etc) Store

    Property Details for 815 Jefferson Blvd

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    30.33 lot acres
    Property size
    600,771 SF
    Property type
    Industrial properties
    APN
    WARW M:278 B:0143 L:0000
    APU
    WARWM278B0143L0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $46,585,000
      6.5%
      $43,005,000
      7%
      $39,930,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $20,810,000
      Market price range: $20.8M - $90.7M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warwick
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.4449
    Latitude
    41.7269
    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
    $277,028
    $2,637,000
    $8,520,000
    $11,157,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

      Grn Acre Ave

      INDUSTRIAL (GENERAL) • 0.24 Acres
      Grn Acre Ave, Warwick, RI 02886
      View Details
    • Value Estimation
      $14,970,000
      201,969 SF

      1000 Jefferson Blvd

      INDUSTRIAL (GENERAL) • 201,969 SF
      1000 Jefferson Blvd, Warwick, RI 02886-2201
      View Details
    • Value Estimation
      $2,470,000
      23,000 SF

      140 Warwick Industrial Dr

      INDUSTRIAL (GENERAL) • 23,000 SF
      140 Warwick Industrial Dr, Warwick, RI 02886-2417
      View Details
    • Value Estimation by Request
      612 SF

      344 Centerville Rd

      INDUSTRIAL (GENERAL) • 612 SF
      344 Centerville Rd, Warwick, RI 02886
      View Details
    • Value Estimation by Request
      1,350 SF

      10 Dawn Ln, Unit A2

      CONDOMINIUMS (INDUSTRIAL) • 1,350 SF
      10 Dawn Ln, Warwick, RI 02886-6925
      View Details
    • Value Estimation
      $730,000
      8,040 SF

      87 Dewey Ave

      INDUSTRIAL (GENERAL) • 8,040 SF
      87 Dewey Ave, Warwick, RI 02886-2431
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,296 SF

      Versatile 60,296 SF Property

      60,296 SF property on 9.35 acres suitable for various uses.
      3030 W Shore Rd, Warwick, RI 02886
      View Details
    • Contact for pricing

      Warwick Office Condo - $900/month

      Modern Office Space, Prime Warwick Location
      469 Centerville Rd, Warwick, RI 02886
      View Details
    • $1,650,000

      Warwick RI Commercial Land

      High-traffic RI commercial land, redevelopment potential.
      99 Natick Rd, Warwick, RI 02886
      View Details
    • New
      $299,000
      1,703 SF

      Historic Village Retail/Workshop Space

      Retail or workshop space in historic Apponaug Village.
      3135 Post Rd, Warwick, RI 02886
      View Details
    • $349,900
      1,703 SF

      Historic Village Retail/Workshop Space

      Retail or workshop space in historic Apponaug Village.
      3135 Post Rd, Warwick, RI 02886
      View Details
    • Contact for pricing
      3,515 SF

      Class A Office Suite

      Class A office suite for sale in Warwick, Rhode Island.
      935 Jefferson Blvd, Warwick, RI 02886
      View Details

    Similar Nearby for Lease

    • $3,200 /Mo
      3,341 SF

      Flex Space/Light Industrial Building

      3200 SF flex space with office and warehouse.
      133 Hallene Rd, Warwick, RI 02886
      View Details
    • $12 SF/Yr
      4,540 SF

      Flex Space with Showroom

      Flex/RD space featuring showroom, offices, and warehouse.
      205 Hallene Rd, Warwick, RI 02886
      View Details
    • $1,500 /Mo
      1,565 SF

      Warwick Warehouse with Office Space

      Warehouse with office space available for rent in Warwick.
      53 Alhambra Rd, Warwick, RI 02886
      View Details
    • Contact for pricing
      70,000 SF

      Warwick Flex Space Available

      70,000 SF flex space available for lease in Warwick.
      480 Jefferson Blvd, Warwick, RI 02886
      View Details
    • Contact for pricing
      5,100 SF

      Warwick Warehouse/Office Building For Rent

      Well-maintained warehouse/office building suitable for various uses.
      24 Greco Ln, Warwick, RI 02886
      View Details
    • Contact for pricing
      11,000 SF

      Warwick Warehouse with Highway Access

      Industrial warehouse with loading dock and drive-in door for lease.
      380 Jefferson Blvd, Warwick, RI 02886
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    815 Jefferson Blvd
    Warwick, RI 02886-2265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!