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    37 Mill Rd Foster, RI 02825

    Picture of Mixed-use properties at Mill Rd 37, Foster, RI
    For Sale
    $325,000

    Commercial - Foster, RI

    Property size:
    1,800 SF
    Lot size:
    4.63 Acres
    Days on Market:
    93
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 37 Mill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    1
    Exterior features
    Suburban
    Size
    1,800 SF
    Lot size
    4.63 Acres

    Building Details

    Year built
    1972
    Number of units
    1
    Architectural style
    Other

    RE/MAX PROPERTIES (401) 232-3900 [email protected]

    Listing agent Kenneth Scotti (401) 232-3900

    Listing date Sep 4, 2025

    MLS# 1393224 Listing URL

    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

    Mixed-Use Land in Foster, RI

    This 4.63-acre site in Foster, Rhode Island, is a mixed-use property suitable for commercial and residential purposes. The property includes an existing 1800 sq ft masonry building, which is to be sold in as-is condition. Prospective buyers are advised to conduct their own due diligence regarding potential uses of the land and existing structure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Hotel & Motel Auto Parts Store Department Store Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Foster
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.705731
    Latitude
    41.792413

    Nearby Similar for Sale

    • $1,500,000
      5,781 SF

      Prime Foster Commercial Land & Building

      High-traffic location, versatile commercial space.
      180 Hartford Pike, Foster, RI 02825
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 4.63 acre mixed-use property with existing 1800 sq ft building.
    Where is this mixed-use property located?
    The property is located at 37 Mill Rd Foster, RI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - 4.63 acre site offers significant development potential.; - Mixed-use zoning allows for commercial and residential development.; - Existing 1800 sq ft masonry building provides immediate structure.
    (401) 232-3900
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    37 Mill Rd Foster, RI 02825
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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
    37 Mill Rd Foster, RI 02825
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