28 Albion RdLincoln, RI 02865

  • Industrial properties
  • 7,728 SF
For Lease

Property Details for 28 Albion Rd

Year built
1967
Construction
CONCRETE
Lot size
2.65 AC
Property size (Sq ft)
7,728 SF
Zone code
ML05
Property type
Industrial properties
Property subtype
Other industrial properties
APN
LINC M:28 L:075.0 U:
APU
LINCM28L0750U

Description

This exceptional industrial property at 28 Albion Road, situated on a generous 2.65-acre lot in Providence County, presents a unique opportunity. The warehouse building itself offers 7,728 square feet of versatile space, ideally suited for a variety of industrial uses. Within this space, you'll find 2,865 square feet of garage space, perfect for vehicle storage or maintenance, complemented by 3,944 square feet of office space. Three 13-foot-high drive-in doors provide convenient access for loading and unloading. The property boasts significant covered outdoor storage, including a 13,856-square-foot attached canopy (17 feet to the deck, 14 feet clear) and an additional 7,800+ square-foot truck canopy (14-19 feet to the deck, 12.5 feet clear at the perimeter). The ample outdoor space, combined with the building's features, makes this property ideal for businesses requiring substantial storage and operational space. Its strategic location offers easy access to Routes 146 and 295, placing it within convenient reach of major transportation arteries. Furthermore, its proximity to the North Central Industrial Park provides access to a thriving business community and a wealth of area amenities. The property is zoned ML05 and features ample parking. The total building size is 21,584 square feet, with 7,728 square feet currently vacant. This property offers a rare combination of indoor and outdoor space, making it an attractive option for businesses seeking efficient operations and convenient logistics.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,462,440
    Hospitality
    $1,339,587
    Educational
    $1,114,521
    Medical
    $1,152,851
    Retail
    $1,733,699
28 Albion Rd, Lincoln, Rhode Island

Location Insight

City
Lincoln
County
Providence
State
Rhode Island
Latitude
41.9308
Longitude
-71.4818
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
2024
$18,690
$214,500
$503,500
$718,000
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