443 Jefferson BlvdWarwick, RI 02886

  • Showrooms
  • 43,718 SF
For Lease
$13/SF/YR View listing

Property Details for 443 Jefferson Blvd

Year built
1969
Construction
FRAME
Lot size
3.61 AC
Property size (Sq ft)
43,718 SF
Property type
Showrooms
APN
WARW M:279 B:0050 L:0000
APU
WARWM279B0050L0000

Description

This exceptional 43,622-square-foot office building, situated on 2.87 acres at 443 Jefferson Blvd in Warwick, Rhode Island, presents a significant leasing opportunity. Currently, 20,000 square feet of prime office space is available within this single-tenant building, classified as Class C and constructed in 1969. The property boasts a highly desirable location on a busy thoroughfare, offering excellent visibility and accessibility. Its strategic placement provides convenient proximity to T.F. Green Airport, ensuring seamless travel for clients and employees. Furthermore, the building enjoys quick access to major highways, facilitating effortless commutes throughout the region. The available space features two convenient overhead doors at the rear, enhancing logistical efficiency. Ample parking is also provided, addressing the crucial need for convenient employee and visitor parking. The zip code is 02886. This property is an ideal choice for businesses seeking a well-located, spacious, and functional office environment in Warwick, RI. The building's size and features make it suitable for a variety of business types and sizes. The substantial vacant space offers a unique opportunity to customize the layout to meet specific operational requirements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,625,000
    6.5%
    $9,807,692
    7%
    $9,107,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,394,729
    Geo Method
    $14,394,729
  • Alternative Use

    Use
    Valuation
    Residential
    $8,273,156
    Hospitality
    $7,578,166
    Educational
    $6,304,945
    Medical
    $6,521,782
    Retail
    $9,807,692
443 Jefferson Blvd, Warwick, Rhode Island

Location Insight

City
Warwick
County
Kent
State
Rhode Island
Latitude
41.7357
Longitude
-71.4411
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
$121,545
$868,100
$4,027,000
$4,895,100
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