945 Bald Hill RdWarwick, RI 02886

Property Details for 945 Bald Hill Rd

Year built

1985

Construction

STEEL FRAME

Lot size

10.61 AC

Property size (Sq ft)

103,335 SF

Zone code

GB

Property type

Showrooms

APN

WARW M:260 B:0017 L:0000

APU

WARWM260B0017L0000

Description

This exceptional retail property, located at 945 Bald Hill Rd in Warwick, Rhode Island, offers a significant leasing opportunity. The property boasts a total building size of 102,295 square feet, with 44,112 square feet currently available for lease. Situated on a generous 10.61-acre lot, this multi-tenant building presents a prime location for businesses seeking high visibility and accessibility. The property is zoned GB within Kent County and offers ample parking for customers and employees. The existing building provides a solid foundation for a variety of retail uses, benefiting from its established presence and convenient location in Warwick, RI, zip code 02886. The substantial vacant space presents a unique chance to establish a significant retail presence or expand an existing operation. This property is ideal for businesses seeking a large footprint in a high-traffic area. The ample lot size allows for potential expansion or future development. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional retail space offers. The property's location in Warwick, RI provides easy access to major roadways and a strong customer base. This is a rare opportunity to secure a substantial retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $25,114,012

  6.5%

  $23,182,166

  7%

  $21,526,296

• Comparable approach

  Method

  Valuation

  Relative Method

  $34,024,412

  Geo Method

  $34,024,412

• Alternative Use

  Use

  Valuation

  Residential

  $19,555,024

  Hospitality

  $17,912,296

  Educational

  $14,902,820

  Medical

  $15,415,351

  Retail

  $23,182,166

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Latitude

41.7133

Longitude

-71.4906

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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