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Property profile & analytics
FOR LEASE
Industrial properties

99 James P Murphy Ind Hwy West Warwick, RI 02893

31,815 SF 3.06 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US76-0026830
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 99 James P Murphy Ind Hwy in West Warwick, Rhode Island, presents a unique opportunity for businesses seeking expansive office and/or warehouse space. The building boasts a total of 33,000 square feet, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for customization, with the ability to subdivide the space into units ranging from 11,000 to 33,000 square feet, catering to a variety of business needs and scales. The property is zoned BP, offering versatility in potential uses. Its "Traditional Office" and "Warehouse" subtypes provide a blend of functional spaces, ideal for companies requiring both administrative offices and storage or production areas. Situated in Kent County, this location offers convenient access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and easy commutes for employees. The entire 33,000 square foot building is available for lease as a single unit or can be divided to suit your specific requirements. This is a rare opportunity to secure a substantial, high-quality space in a desirable location. Don't miss out on this chance to establish your business in this prime West Warwick property. Contact us today to schedule a viewing and discuss your specific needs.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1981
Total area 31,815 SF
Lot 3.06 ac (133,294 SF)
Zoning code BP
APN WWAR 012-0331-0-000
UPID US76-0026830
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Arpin International Group Moving Company Storage Facility
  • Penske Truck Rental Car Rental Facility
  • Arpin Rhode Island Moving Company Storage Facility
  • Arpin Van Lines Moving Company Storage Facility
  • Arpin World Forwarding Corporation Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.43M
Owner & transaction history
Arpin Assoc LLC · 4 yrs held
Arpin Assoc LLC
since 2022
Last sale
$25,000
5 recorded transactions
2022
Price N/A
2001
Price N/A
1999
$221,664
1999
$221,665
1969
Price N/A
Zoning & alternative use
BP · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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