250 Centerville RdWarwick, RI 02886

Property Details for 250 Centerville Rd

Year built

1985

Property size (Sq ft)

1,962 SF

Zone code

O

Property type

Office properties

Property subtype

Other office properties

APN

WARW M:243 B:0007 L:0009

APU

WARWM243B0007L0009

Description

This exceptional 1,962 square foot commercial condominium unit is ideally situated within the Warwick Executive Park, offering unparalleled convenience with immediate access to Interstate 95. Located on the first floor of a well-maintained brick building, this property boasts ample parking and secure entry, ensuring both convenience and peace of mind for your business and its clientele. Currently configured as medical offices with a Use Code of 342, this versatile space presents a multitude of possibilities for various commercial ventures. The professional on-site management company diligently maintains the building, providing a worry-free environment for your operations. The strategic location within the Warwick Executive Park, coupled with its easy highway access, guarantees high visibility and accessibility for your business, attracting a wider range of clients and maximizing your potential for success. This is a rare opportunity to establish or relocate your business in a prime location with all the necessary amenities for a thriving enterprise. The unit's spacious layout and adaptable design allow for customization to suit your specific business needs. Don't miss this chance to secure a prominent presence in a highly sought-after commercial park.

• CAP approach

  CAP return

  Valuation

  6%

  $324,377

  6.5%

  $299,425

  7%

  $278,038

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,355

  Geo Method

  $256,355

• Alternative Use

  Use

  Valuation

  Residential

  $371,287

  Hospitality

  $340,097

  Educational

  $282,957

  Medical

  $292,688

  Retail

  $440,155

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Latitude

41.6966

Longitude

-71.4704

CBSA code

39300

CBSA name

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

Property Tax & Assessments

FAQs

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