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    1003 Victory Hwy North Smithfield, RI 02896

    Pending
    For Sale
    $200,000

    LAND - North Smithfield, RI

    Lot size:
    0.62 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 1003 Victory Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    BN
    Lot size
    0.62 Acres

    Utilities

    Utilities
    Electricity Available

    Keller Williams Realty Leading Edge (401) 333-4900 [email protected]

    Listing agent Elise Vetri (401) 651-1138

    Listing date Aug 4, 2025

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in High-Traffic Location

    This 0.62-acre lot is situated in a high-traffic, high-visibility location in Northern Rhode Island. Zoned BN (Business District), the property benefits from its proximity to Route 146 and Route 295, offering convenient access to Worcester and Providence within 30 minutes. Major employers such as Fidelity, Bryant, and CVS Corporate are all within a 15-minute drive. The location is near the Massachusetts state line and Route 495. The surrounding area features numerous local businesses. Public water and public sewer are available. Additional frontage may be acquired via an adjacent strip of land associated with Plat 1, Lot 44-0 Buxton Street. The Town of North Smithfield has expanded the allowed uses for this zoning district. A large retail store chain has proposed a large retail operation across the street in the same BN zoning district, and according to board meeting minutes, the zoning board is interested and may likely approve the proposal. Interested parties are encouraged to submit proposals to the town, even if outside the current permitted uses for the district. This lot can be purchased individually or as a package with an adjacent 15-acre parcel on Buxton Street, which is zoned residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.589774
    Latitude
    42.004668

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    FAQs

    What type of property is this?
    Commercial land - 0.62-acre lot in a high visibility location.
    Where is this commercial land located?
    The property is located at 1003 Victory Hwy North Smithfield, RI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - High-traffic, high-visibility location in Northern RI with light business zoning.; - Easy access to Rte. 146 and Rte. 295, offering proximity to Worcester and Providence.; - Public water and public sewer available.
    (401) 651-1138
    Request Owner's contact information
    1003 Victory Hwy North Smithfield, RI 02896
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1003 Victory Hwy North Smithfield, RI 02896
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