945 Warren AveEast Providence, RI 02914
- Other commercial real estate
- 20,780 SF
Property Details for 945 Warren Ave
- Year built
- 1977
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.86 AC
- Property size (Sq ft)
- 20,780 SF
- Zone code
- I1
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- EPRO M:507 B:10 L:002 U:
- APU
- EPROM507B10L002U
Description
This exceptional single-tenant industrial property at 945 Warren Avenue offers over 81,022 square feet of land encompassing a 40,000+ square foot building ideal for manufacturing and distribution. The property features a substantial basement, perfect for warehouse storage and logistics, providing ample space for inventory and operations. The building boasts a robust infrastructure designed to support high-volume activities. With 45 parking spaces, convenient employee and client access is ensured. Its strategic location provides easy access to major highways, optimizing transportation and distribution efficiency. This property is perfect for businesses requiring significant storage capacity and a versatile layout to accommodate various operational needs. The single-story building offers a seamless workflow, making it an attractive option for companies seeking to expand or establish a new presence. The combination of expansive space, ample parking, and strategic location makes this an exceptional opportunity for businesses in the manufacturing and distribution sectors.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,050,266
- 6.5%
- $4,661,784
- 7%
- $4,328,799
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,842,090
- Geo Method
- $6,842,090
-
Alternative Use
- Use
- Valuation
- Residential
- $3,932,389
- Hospitality
- $3,602,047
- Educational
- $2,996,861
- Medical
- $3,099,928
- Retail
- $4,661,784
Location Insight
- City
- East Providence
- County
- Providence
- State
- Rhode Island
- Latitude
- 41.8109
- Longitude
- -71.349
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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