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41 Ford Ln 10,000 SF 100% Leased Industrial Building Warwick, RI 02888 $1,395,000 ($139.50/SF) 6.81% Cap Rate

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EXECUTIVE SUMMARY

FOR SALE – 41 Ford Lane, Warwick, RI 02888
Outstanding opportunity to acquire a 10,000± SF industrial building on 0.74 acres in Warwick’s established industrial corridor. The property is divided into two units, each featuring a loading dock and 14’ clear ceiling heights. Over the past year, there have been over $400,000 in renovations and it is currently fully leased to NNN tenants, this asset offers immediate income with minimal management responsibilities.
Recent capital improvements include:
New windows enhancing natural light and efficiency
Upgraded electrical systems throughout
Completely renovated bathrooms
New rubber roof providing long-term durability
Fresh interior and exterior paint for a modern, professional appearance
New HVAC systems delivering reliable climate control and energy efficiency
Originally constructed in 1985, the building now blends solid infrastructure with turnkey upgrades, making it a strong, low-maintenance addition to any portfolio. The location provides excellent accessibility to I-95, Routes 117 & 37, and TF Green International Airport, supporting both tenant retention and long-term value growth.

PROPERTY FACTS

Price $1,395,000
Price Per SF $139.50
Sale Type Investment
Cap Rate 6.81%
Property Type Industrial
Building Class C
Lot Size 0.74 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built/Renovated 1985/2024
Parking Ratio 2.3/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 2
Zoning GI - Industrial and manuf operations and enterprises, including assembly of durable goods, bulk storage, and general storage of trucks and const. equipment

AMENITIES

  • Signage

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - Septic Field
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WARW-000284-000173-000000
Land Assessment
$180,800
Improvements Assessment
$559,500
Total Assessment
$740,300
  • Listing ID: 37862091

  • Date on Market: 9/29/2025

  • Last Updated:

  • Address: 41 Ford Ln, Warwick, RI 02888

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