10 Quaker LnWarwick, RI 02886

Property Details for 10 Quaker Ln

Year built

1978

Construction

STEEL FRAME

Lot size

0.61 AC

Property size (Sq ft)

2,739 SF

Zone code

GB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WARW M:241 B:0003 L:0000

APU

WARWM241B0003L0000

Description

This exceptional 2,751-square-foot free-standing building, formerly a Pizza Hut, presents a remarkable opportunity for retail or restaurant use. Situated at the high-traffic intersection of Quaker Lane and Centerville Road in Warwick, Rhode Island, this property boasts unparalleled street visibility and ample parking, ensuring convenient access for customers. Built in 1978, the building sits on a 0.61-acre lot and is currently vacant, offering a blank canvas for a new business. The single-tenant occupancy provides flexibility and control, while the substantial square footage allows for diverse layout options. Located in Kent County, the property's address is 10 Quaker Lane, Warwick, RI 02886. Its prime location and ample parking make it an ideal space for a variety of businesses seeking high visibility and convenient customer access. The property is ready for immediate occupancy, presenting a unique chance to establish a thriving business in a bustling area. This is a rare opportunity to acquire a well-positioned, free-standing building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $665,673

  6.5%

  $614,467

  7%

  $570,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $901,852

  Geo Method

  $901,852

• Alternative Use

  Use

  Valuation

  Residential

  $518,326

  Hospitality

  $474,784

  Educational

  $395,015

  Medical

  $408,600

  Retail

  $614,467

Location Insight

City

Warwick

County

Kent

State

Rhode Island

Latitude

41.6961

Longitude

-71.5012

CBSA code

39300

CBSA name

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

Property Tax & Assessments

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