300 Centerville RdWarwick, RI 02886

  • Office properties
  • 1,298 SF
For Sale
$765,000 View listing

Property Details for 300 Centerville Rd

Year built
1991
Property size (Sq ft)
1,298 SF
Zone code
O
Property type
Office properties
Property subtype
Other office properties
APN
WARW M:243 B:0051 L:0001
APU
WARWM243B0051L0001

Description

This exceptional Class A executive office space, located within The Summit Office Park at 300 Centerville Rd, Warwick, RI 02886, offers 2,100 square feet of immediately available space. Situated in Kent County, this property is part of a larger 150,000 square foot building featuring a single suite configuration. The space is ideal for businesses seeking flexible, high-quality accommodations. Ample parking is provided, with a ratio of four spaces per 1,000 square feet of office space. The Summit Office Park is designed to accommodate a variety of office tenant needs, and additional units may be available for purchase. This prime location in Warwick offers easy access to major transportation routes and amenities. The property's Class A designation reflects its superior construction, modern amenities, and overall high-quality finishes. Don't miss this opportunity to secure your business's future in this desirable and well-maintained office park. Inquire today to learn more about this exceptional space and its potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $214,598
    6.5%
    $198,091
    7%
    $183,941
  • Comparable approach

    Method
    Valuation
    Relative Method
    $169,597
    Geo Method
    $169,597
  • Alternative Use

    Use
    Valuation
    Residential
    $245,632
    Hospitality
    $224,998
    Educational
    $187,196
    Medical
    $193,634
    Retail
    $291,193
300 Centerville Rd, Warwick, Rhode Island

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.6944
Longitude
-71.4711
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
$5,507
-
$221,800
$221,800
-
-
-
-

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