$150,000 This 3,200 sq. ft. vacant lot offers a great opportunity for buyers, investors, or developers looking for land. Whether you're looking to develop, invest, or add land to your portfolio, this property is worth exploring. Buyers and agents are encouraged to perform their own due diligence regarding zoning, permitted uses, utilities, setbacks, and development requirements. Bring your vision and explore the possibilities this property has to offer! 1424964 MLS This 3,200 sq. ft. vacant lot offers a great opportunity for buyers, investors, or developers looking for land. Whether you're looking to develop, invest, or add land to your portfolio, this property is worth exploring. Buyers and agents are encouraged to perform their own due diligence regarding zoning, permitted uses, utilities, setbacks, and development requirements. Bring your vision and explore the possibilities this property has to offer! Third Street, Cranston
$179,000 READY TO BUILD - ALL PERMITS IN PLACE! 2 PARCELS TOTALLING 4.3 ACRES TO CONVEY SIMULTANEOUSLY EQUALING 1 BUILDABLE LOT. THE PROPERTY IS IRREGULARLY SHAPED BUT OFFERS A GENEROUS BUILDING ENVELOPE ON MOUNTAINDALE RD. GREAT CONVENIENT LOCATION. SCHOOLS, STUMP POND, WOLF HILL PRESERVE ALL CLOSE BY. SEWERS IN THE STREET, PROPERTY WILL BE SERVICED BY PRIVATE WELL.SELLERS PREFER TO CLOSE IN JANUARY OF 2027 BUT WILL CONSIDER ALL OPTIONS. 1424726 MLS READY TO BUILD - ALL PERMITS IN PLACE! 2 PARCELS TOTALLING 4.3 ACRES TO CONVEY SIMULTANEOUSLY EQUALING 1 BUILDABLE LOT. THE PROPERTY IS IRREGULARLY SHAPED BUT OFFERS A GENEROUS BUILDING ENVELOPE ON MOUNTAINDALE RD. GREAT CONVENIENT LOCATION. SCHOOLS, STUMP POND, WOLF HILL PRESERVE ALL CLOSE BY. SEWERS IN THE STREET, PROPERTY WILL BE SERVICED BY PRIVATE WELL.SELLERS PREFER TO CLOSE IN JANUARY OF 2027 BUT WILL CONSIDER ALL OPTIONS. 310 Mountaindale Road, Smithfield
$160,000 Excellent opportunity to own a vacant lot on a well-traveled main street in Providence. This parcel offers outstanding visibility and easy access, making it an attractive option for future development or investment. A mechanic shop is located behind the property, adding to the established commercial presence in the area. Conveniently situated near major highways, public transportation, shopping, restaurants, and other local amenities. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, utilities, and any required approvals with the City of Providence. Don't miss the chance to secure land in a prime Providence location with excellent potential. 1424985 MLS Excellent opportunity to own a vacant lot on a well-traveled main street in Providence. This parcel offers outstanding visibility and easy access, making it an attractive option for future development or investment. A mechanic shop is located behind the property, adding to the established commercial presence in the area. Conveniently situated near major highways, public transportation, shopping, restaurants, and other local amenities. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, utilities, and any required approvals with the City of Providence. Don't miss the chance to secure land in a prime Providence location with excellent potential. 203 Valley Street, Providence
$299,900 Recently cleared lot is ready for next owner's dream. Former 3 bedroom home has been demoed and site now available for new construction. Come build on this quiet end of Nate Whipple Hwy. Many of the homes in the area are newer and of significant value. 1424945 MLS Recently cleared lot is ready for next owner's dream. Former 3 bedroom home has been demoed and site now available for new construction. Come build on this quiet end of Nate Whipple Hwy. Many of the homes in the area are newer and of significant value. 716 Nate Whipple Highway, Cumberland
$199,900 Welcome to this 11.24 acre lot part of a 3 lot subdivision. This homesite provides 42" water table with an approved 3 bedroom septic system design ready to build. 1424855 MLS Welcome to this 11.24 acre lot part of a 3 lot subdivision. This homesite provides 42" water table with an approved 3 bedroom septic system design ready to build. North Road, Foster
$199,900 Welcome to this 6.9 acre lot. This home site has an approved 3 bedroom OWTS ready to go. Also, this home site has a 96" water table with an outbuilding of 24x48 with 200 amp service which has the possibility to be converted to a home or remain a garage. 1424831 MLS Welcome to this 6.9 acre lot. This home site has an approved 3 bedroom OWTS ready to go. Also, this home site has a 96" water table with an outbuilding of 24x48 with 200 amp service which has the possibility to be converted to a home or remain a garage. North Road, Foster
$199,900 Welcome to this 11.1197 acre single family home site. The home is provided with a 3 bedroom septic system designed approved by RIDEM. There is an established 96" water table. This 3 lot subdivision is approved and recorded at the town hall. 1424822 MLS Welcome to this 11.1197 acre single family home site. The home is provided with a 3 bedroom septic system designed approved by RIDEM. There is an established 96" water table. This 3 lot subdivision is approved and recorded at the town hall. North Road, Foster
$229,900 Build your dream home on over eight private acres available in desirable North Scituate. Quiet road with great recent comparative sales. OWTS and wetlands delineation complete. Septic approval in hand for four bedroom home, see MLS attachments. Home sight is off the road accessed via right of way on the northern boundary of 261 Quaker Ln., please do not walk on private right of way without an agent present. Bring your vision, ready to build! 1424319 MLS Build your dream home on over eight private acres available in desirable North Scituate. Quiet road with great recent comparative sales. OWTS and wetlands delineation complete. Septic approval in hand for four bedroom home, see MLS attachments. Home sight is off the road accessed via right of way on the northern boundary of 261 Quaker Ln., please do not walk on private right of way without an agent present. Bring your vision, ready to build! 263 Quaker Lane, Scituate
$379,900 Seven+ acres ideally located at the corner of Route 146A and Old Smithfield Road. Property includes an abandoned dwelling requiring demolition. Potential for easy minimum two-lot subdivision. Frontage along 146A offers mixed-use zoning with a variety of permissible uses. Being sold as-is. Excellent location with strong development potential. 1424374 MLS Seven+ acres ideally located at the corner of Route 146A and Old Smithfield Road. Property includes an abandoned dwelling requiring demolition. Potential for easy minimum two-lot subdivision. Frontage along 146A offers mixed-use zoning with a variety of permissible uses. Being sold as-is. Excellent location with strong development potential. 633 Old Smithfield Road, North Smithfield
$397,500 Location, Location, Location. An opportunity to own a lot located in a prime location, near Women and Infants, Rhode Island Hospital, and The Flynn Apartments. This commercial lot is located in an I-1-200 zone, which offers endless possibilities. Come build on this nice flat piece of land, near so many amenities. This lot can be used for apartments, mixed use buildings, day cares, office buildings, parking, and so much more. Buyer to perform all due diligences regarding uses. 1424147 MLS Location, Location, Location. An opportunity to own a lot located in a prime location, near Women and Infants, Rhode Island Hospital, and The Flynn Apartments. This commercial lot is located in an I-1-200 zone, which offers endless possibilities. Come build on this nice flat piece of land, near so many amenities. This lot can be used for apartments, mixed use buildings, day cares, office buildings, parking, and so much more. Buyer to perform all due diligences regarding uses. 161 Dudley Street, Providence
$275,000 This is a terrific opportunity to build on 16 acres in the quaint village of Pascoag. Water, sewer and utilities are available on Griffin Street. Zoning is F2 VP - Farming/Residential - Village Planned. Explore the possibilities of construction in various areas of the lot, or build on the existing foundation set in the front portion of the property. Burrillville zoning indicates there may be potential for a multi-unit Village Planned development (subject to engineering, permitting, and municipal approvals). 73581429 MLS This is a terrific opportunity to build on 16 acres in the quaint village of Pascoag. Water, sewer and utilities are available on Griffin Street. Zoning is F2 VP - Farming/Residential - Village Planned. Explore the possibilities of construction in various areas of the lot, or build on the existing foundation set in the front portion of the property. Burrillville zoning indicates there may be potential for a multi-unit Village Planned development (subject to engineering, permitting, and municipal approvals). Griffin St, Burrillville
$275,000 This is a terrific opportunity to build on 16 acres in the quaint village of Pascoag. Water, sewer and utilities are available on Griffin Street. Zoning is F2 VP - Farming/Residential - Village Planned. Explore the possibilities of construction in various areas of the lot, or build on the existing foundation set in the front portion of the property. Burrillville zoning indicates there may be potential for a multi-unit Village Planned development (subject to engineering, permitting, and municipal approvals). 1423461 MLS This is a terrific opportunity to build on 16 acres in the quaint village of Pascoag. Water, sewer and utilities are available on Griffin Street. Zoning is F2 VP - Farming/Residential - Village Planned. Explore the possibilities of construction in various areas of the lot, or build on the existing foundation set in the front portion of the property. Burrillville zoning indicates there may be potential for a multi-unit Village Planned development (subject to engineering, permitting, and municipal approvals). Griffin Street, Burrillville
$174,900 Vacant 4,000 sq ft lot in North Cumberland. The lot is fully approved and will be delivered with all approvals in place to start construction immediately. 1423953 MLS Vacant 4,000 sq ft lot in North Cumberland. The lot is fully approved and will be delivered with all approvals in place to start construction immediately. 11 Houtmann Street, Cumberland
$275,000 This lovely 15+ acre parcel of land conveniently located down the street from Dowling Plaza is beautiful piece of property surrounded by nature. Featuring a large pond on the Chester St side of the lot, about 80% of the property is designated as wetlands. On the Raymond St side of the lot of Eddie Dowling Hwy, there is a gentle slope down to the pond area. Family selling as is. Buyer to do own due diligence. Be sure to view virtual tour link for details on potential buildable areas. 73579080 MLS This lovely 15+ acre parcel of land conveniently located down the street from Dowling Plaza is beautiful piece of property surrounded by nature. Featuring a large pond on the Chester St side of the lot, about 80% of the property is designated as wetlands. On the Raymond St side of the lot of Eddie Dowling Hwy, there is a gentle slope down to the pond area. Family selling as is. Buyer to do own due diligence. Be sure to view virtual tour link for details on potential buildable areas. Chester Street, North Smithfield
$250,000 Disclosure/Inclusion: Don't miss this exceptional opportunity to own a beautiful 1-acre homesite in an established subdivision on Knollridge Drive in North Smithfield! This open lot offers the perfect balance of open space and natural surroundings, providing an ideal setting for your custom home. Enjoy the privacy of a spacious lot while being conveniently located near schools, shopping, restaurants, and major highways. Whether you're ready to build now or planning for the future, this prime parcel offers endless possibilities in a sought-after neighborhood. This peaceful setting is what you have been looking for! 1423638 MLS Disclosure/Inclusion: Don't miss this exceptional opportunity to own a beautiful 1-acre homesite in an established subdivision on Knollridge Drive in North Smithfield! This open lot offers the perfect balance of open space and natural surroundings, providing an ideal setting for your custom home. Enjoy the privacy of a spacious lot while being conveniently located near schools, shopping, restaurants, and major highways. Whether you're ready to build now or planning for the future, this prime parcel offers endless possibilities in a sought-after neighborhood. This peaceful setting is what you have been looking for! Knollridge Drive, North Smithfield
$199,900 Offered together, 221 and 217 Bay View Avenue present a unique opportunity combining a shovel-ready new construction project with an existing home on the adjacent property. 221 Bay View Avenue is shovel-ready with stamped architectural plans and permits in place for construction of a new single-family home with a lower-level ADU. The approved design features a 4-bedroom, 3-bath main residence across two levels, along with a 1-bedroom, 1-bath lower-level ADU complete with its own kitchen, living area, and private exterior entrance. Public water, public sewer, and natural gas add to the convenience of the project, with much of the planning and permitting work already completed. Next door, 217 Bay View Avenue features an existing 2-bedroom, 2-bath home ready for renovation. The property offers a flexible layout, solid potential, and an opportunity to add value through thoughtful improvements. Renovate the existing home while building next door, with flexibility for investment, extended or multi-generational living, or other possibilities. Two separate properties being sold together, offering significant potential for a builder, investor, or buyer looking to take advantage of a truly unique opportunity. Clear and level lot with parking and all public utilities - water, electric, natural gas, sewers. Must be sold with 217 Bay View Ave (single family $299,900) - MLS# 1423294 Package listing (217 & 221 Bay View Ave. Cranston) - MLS# 1422302 - $499,900 1423497 MLS Offered together, 221 and 217 Bay View Avenue present a unique opportunity combining a shovel-ready new construction project with an existing home on the adjacent property. 221 Bay View Avenue is shovel-ready with stamped architectural plans and permits in place for construction of a new single-family home with a lower-level ADU. The approved design features a 4-bedroom, 3-bath main residence across two levels, along with a 1-bedroom, 1-bath lower-level ADU complete with its own kitchen, living area, and private exterior entrance. Public water, public sewer, and natural gas add to the convenience of the project, with much of the planning and permitting work already completed. Next door, 217 Bay View Avenue features an existing 2-bedroom, 2-bath home ready for renovation. The property offers a flexible layout, solid potential, and an opportunity to add value through thoughtful improvements. Renovate the existing home while building next door, with flexibility for investment, extended or multi-generational living, or other possibilities. Two separate properties being sold together, offering significant potential for a builder, investor, or buyer looking to take advantage of a truly unique opportunity. Clear and level lot with parking and all public utilities - water, electric, natural gas, sewers. Must be sold with 217 Bay View Ave (single family $299,900) - MLS# 1423294 Package listing (217 & 221 Bay View Ave. Cranston) - MLS# 1422302 - $499,900 221 Bay View Avenue, Cranston
$899,900 Rare development opportunity in Lincoln, RI. This 8.36-acre parcel is located within an RS-12 zoning district and offers significant potential for residential subdivision. Preliminary due diligence has already been completed, including wetland delineation and conceptual engineering plans illustrating potential 9-, 10-, and 13-lot subdivision layouts. The property's size, configuration, and favorable location make it an attractive opportunity for builders, developers, and investors seeking a project with substantial upfront planning already underway. The property is currently improved by a 3-bedroom, 2.5-bath Colonial residence, along with a detached garage featuring approximately 1,536 square feet of additional finished living space, offering immediate use, rental income potential, or a holding asset while pursuing future development plans. Inquire for additional information regarding conceptual plans, wetland mapping, and development potential. 1423430 MLS Rare development opportunity in Lincoln, RI. This 8.36-acre parcel is located within an RS-12 zoning district and offers significant potential for residential subdivision. Preliminary due diligence has already been completed, including wetland delineation and conceptual engineering plans illustrating potential 9-, 10-, and 13-lot subdivision layouts. The property's size, configuration, and favorable location make it an attractive opportunity for builders, developers, and investors seeking a project with substantial upfront planning already underway. The property is currently improved by a 3-bedroom, 2.5-bath Colonial residence, along with a detached garage featuring approximately 1,536 square feet of additional finished living space, offering immediate use, rental income potential, or a holding asset while pursuing future development plans. Inquire for additional information regarding conceptual plans, wetland mapping, and development potential. 41 dexter rock Road, Lincoln
$359,900 ** Investment & Development Opportunity in Cranston! ** Rare opportunity to unlock the potential of this .76 -acre property in a convenient Cranston location. The existing single-family home is in need of renovation, making this an excellent option for an investor, developer, or savvy homeowner looking for a property with significant upside. Renovate the existing home and take advantage of the expansive lot, explore the possibility of adding an additional structure, or consider a tear-down and redevelopment opportunity for new housing. With just under an acre of land, the property offers flexibility and possibilities rarely found in this area. Any subdivision, additional units, or redevelopment would be subject to zoning and municipal approvals, that the buyer can obtain post closing. Ideally situated near Garden City Center, state offices, shopping, dining, highways, and everyday conveniences, this property combines a desirable location with exciting investment potential. Bring your vision and explore the possibilities! 1423390 MLS ** Investment & Development Opportunity in Cranston! ** Rare opportunity to unlock the potential of this .76 -acre property in a convenient Cranston location. The existing single-family home is in need of renovation, making this an excellent option for an investor, developer, or savvy homeowner looking for a property with significant upside. Renovate the existing home and take advantage of the expansive lot, explore the possibility of adding an additional structure, or consider a tear-down and redevelopment opportunity for new housing. With just under an acre of land, the property offers flexibility and possibilities rarely found in this area. Any subdivision, additional units, or redevelopment would be subject to zoning and municipal approvals, that the buyer can obtain post closing. Ideally situated near Garden City Center, state offices, shopping, dining, highways, and everyday conveniences, this property combines a desirable location with exciting investment potential. Bring your vision and explore the possibilities! 276 East Street, Cranston
$999,900 Development Opportunity Ready to Go! All approvals are in place to proceed with 8 homes on a common private drive. A fantastic opportunity to step into an approved project and move forward with development. Bring your vision and make the most of this exciting opportunity an awesome project for the savvy developer! Water, Sewer and Gas available!!!!! *Virtually rendered image of house for illustrative purposes only. Image represents a conceptual example of what may be constructed and does not depict an existing completed home. Final design, construction, finishes, features, and landscaping may vary. 1423146 MLS Development Opportunity Ready to Go! All approvals are in place to proceed with 8 homes on a common private drive. A fantastic opportunity to step into an approved project and move forward with development. Bring your vision and make the most of this exciting opportunity an awesome project for the savvy developer! Water, Sewer and Gas available!!!!! *Virtually rendered image of house for illustrative purposes only. Image represents a conceptual example of what may be constructed and does not depict an existing completed home. Final design, construction, finishes, features, and landscaping may vary. 14 Angell Street, Johnston
$899,900 Prime vacant lot in Western Cranston, RI for 6 Townhouse units. Located near all amenities and only few blocks from 295, this is a fantastic opportunity for investors or builders looking for a great price in a desirable area. Plans in hand. Client and buyer's realtor to do their own due diligence. 1422717 MLS Prime vacant lot in Western Cranston, RI for 6 Townhouse units. Located near all amenities and only few blocks from 295, this is a fantastic opportunity for investors or builders looking for a great price in a desirable area. Plans in hand. Client and buyer's realtor to do their own due diligence. Stoneham Court, Cranston
$275,000 Build Your Dream Home on this Fully Engineered and Approved Buildable Lot on Over 5 Acres! This exceptional vacant lot offers a rare opportunity to build your perfect single-family home in a desirable location. All the hard work has been done saving you time, effort, and money. Completely engineered, RI DEM approval in place, Perc tests completed, Wetland delineation conducted and documented and Approved septic system design. Whether you're a builder looking for a shovel-ready project or a homeowner wanting to create a custom residence, you can move forward with confidence and start building immediately. Don't miss this turn-key opportunity properties this prepared and well-positioned are hard to come by! 1422630 MLS Build Your Dream Home on this Fully Engineered and Approved Buildable Lot on Over 5 Acres! This exceptional vacant lot offers a rare opportunity to build your perfect single-family home in a desirable location. All the hard work has been done saving you time, effort, and money. Completely engineered, RI DEM approval in place, Perc tests completed, Wetland delineation conducted and documented and Approved septic system design. Whether you're a builder looking for a shovel-ready project or a homeowner wanting to create a custom residence, you can move forward with confidence and start building immediately. Don't miss this turn-key opportunity properties this prepared and well-positioned are hard to come by! 47 Hartford Pike C, Foster
$132,500 Build your dream, custom home on this beautiful, .93 acre corner lot (Wallum Lake Rd. and Crystal Terrace) in a wonderful, rural neighborhood near Wilson's Reservoir, a fully recreational lake (boating, fishing, skating, swimming) with state public boat launch. Seller has done all the legwork to make building easy on this conforming lot, including securing a DEM approved three bedroom septic design with Insignificant Alteration and Freshwater Wetlands permits (recorded). Inquiries from builders are welcome. 1422512 MLS Build your dream, custom home on this beautiful, .93 acre corner lot (Wallum Lake Rd. and Crystal Terrace) in a wonderful, rural neighborhood near Wilson's Reservoir, a fully recreational lake (boating, fishing, skating, swimming) with state public boat launch. Seller has done all the legwork to make building easy on this conforming lot, including securing a DEM approved three bedroom septic design with Insignificant Alteration and Freshwater Wetlands permits (recorded). Inquiries from builders are welcome. Wallum Lake Road, Burrillville
$200,000 This 3200 square foot level lot is ready for your new construction project. Zoned R-3. Located in the North End of Providence. Near Providence College. Quick access to Route 146 and 95. Buyer to perform all due diligences and approvals. This lot can be sold with adjacent lots - see MLS #1420357 and #1420439. 1422406 MLS This 3200 square foot level lot is ready for your new construction project. Zoned R-3. Located in the North End of Providence. Near Providence College. Quick access to Route 146 and 95. Buyer to perform all due diligences and approvals. This lot can be sold with adjacent lots - see MLS #1420357 and #1420439. 105 Anchor Street, Providence
$200,000 ready to build? Nice lot waiting for you. 3 lots total available. 1422243 MLS ready to build? Nice lot waiting for you. 3 lots total available. 882 Central Avenue, Pawtucket
$249,900 nice lot ready for you. FOUNDATION IN PLACE. Design and blue prints available. PLEASE NOTE! WATER AND SEWER LINES ALREADY IN PLACE. 1422155 MLS nice lot ready for you. FOUNDATION IN PLACE. Design and blue prints available. PLEASE NOTE! WATER AND SEWER LINES ALREADY IN PLACE. 886 CENTRAL Avenue, Pawtucket
$219,000 Great opportunity to build on this 5,040 SF vacant lot in a super convenient location close to the Pawtucket train station. The property already has a variance in place for a 6-family build, making it a solid option for investors or developers looking to create income-producing housing. Plans for the site include off-street parking, which is a big plus for future tenants. A number of helpful documents are included to make the process easier, including a rendering of the finished project, conceptual unit layouts, a full site plan showing the building, parking, and driveway, and the zoning certificate. The lot is currently fully fenced in. Whether you're planning to build and hold or sell once completed, this property has a lot of the groundwork already in place to get started. Taxes based on current commercial real estate rate of $23.01/1000. If a property is built with less than 6 units, the real estate tax rate would decrease to the residential real estate tax rate of $13.15/$1000. 1421944 MLS Great opportunity to build on this 5,040 SF vacant lot in a super convenient location close to the Pawtucket train station. The property already has a variance in place for a 6-family build, making it a solid option for investors or developers looking to create income-producing housing. Plans for the site include off-street parking, which is a big plus for future tenants. A number of helpful documents are included to make the process easier, including a rendering of the finished project, conceptual unit layouts, a full site plan showing the building, parking, and driveway, and the zoning certificate. The lot is currently fully fenced in. Whether you're planning to build and hold or sell once completed, this property has a lot of the groundwork already in place to get started. Taxes based on current commercial real estate rate of $23.01/1000. If a property is built with less than 6 units, the real estate tax rate would decrease to the residential real estate tax rate of $13.15/$1000. 457 Mineral Spring Avenue, Pawtucket
$2,879,000 Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475 1421920 MLS Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details. 230 George Washington Highway Residential Land Value 26 residential units $75,000 per unit = $1,950,000 Retail Land Value 9,000 sq. ft. $45 per sq. ft. = $405,000 gross annual rent Less 15% vacancy = $344,250 effective gross income Less 10% operating expenses = $309,825 NOI Retail land value: 3 years of NOI = $929,475 Proposed Land Value/Sale Price $1,950,000 residential value $929,475 retail value = $2,879,475 230 George Washington Highway, Smithfield
$5,758,000 Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details. 250 George Washington Highway Residential Land Value 52 residential units $75,000 per unit = $3,900,000 Retail Land Value 18,000 sq. ft. $45 per sq. ft. = $810,000 gross annual rent Less 15% vacancy = $688,500 effective gross income Less 10% operating expenses = $619,650 NOI Retail land value: 3 years of NOI = $1,858,950 Proposed Land Value/Sale Price $3,900,000 residential value $1,858,950 retail value = $5,758,950 1421921 MLS Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details. 250 George Washington Highway Residential Land Value 52 residential units $75,000 per unit = $3,900,000 Retail Land Value 18,000 sq. ft. $45 per sq. ft. = $810,000 gross annual rent Less 15% vacancy = $688,500 effective gross income Less 10% operating expenses = $619,650 NOI Retail land value: 3 years of NOI = $1,858,950 Proposed Land Value/Sale Price $3,900,000 residential value $1,858,950 retail value = $5,758,950 250 George Washington Highway, Smithfield