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99 Natick Rd Warwick, RI 02886

OFF-MARKET Showrooms Google Maps
4,584 SF 0.18 ac lot Built 1980
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$390k
Range $351k – $429k (±10%)
Property ID US76-0153671

Property summary

AI-generated overview

This exceptional commercial property in Warwick, Rhode Island, presents a unique investment opportunity. Located at 99 West Natick Road, this 16,988 square foot (.39-acre) site comprises four abutting lots. The property boasts a prime location at a signaled intersection, sharing an entrance with the Warwick Mall and situated near a Cumberland Farms. Its strategic position offers exceptional visibility and accessibility, benefiting from the high traffic volume generated by the adjacent 70-acre, 1,000,000 square foot Warwick Mall, home to major national retailers such as Macy's, Nordstrom Rack, Target, and many more. The property's proximity to major roadways, including Interstate 295 & 95, Route 2 (Bald Hill Road), and Route 5, further enhances its appeal. Built in 1980, this site is suitable for continued use as an investment or redevelopment into a long-term asset, catering to a variety of commercial uses including QSR/Fast Food, Storefront, Flex, Restaurant, Bar, or Executive Office space. This assemblage of properties offers unparalleled access to a substantial consumer base and presents a rare opportunity for significant return on investment. Don't miss this chance to acquire a highly visible and strategically located commercial parcel in a thriving Rhode Island market. The property is zoned for commercial use.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,584 SF
Lot 0.18 ac (7,841 SF)
Zoning code A7
APN WARW M:273 B:0377 L:0000
UPID US76-0153671

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$870k
Comparable Approach Comparable
$864k
Blend (final) Blend
$390k

Owner & transaction history

Zoning & alternative use

A7 · Warwick, RI

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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