Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4115 Mendon Rd Cumberland, RI 02864

    Sponsored
    For Sale
    $1,299,000

    COMMERCIAL - Cumberland, RI

    Type:Office
    Lot size:
    0.96 Acres
    Days on Market:
    120
    Last Refresh:
    Jan 20 at 1:06 am

    Property Features for 4115 Mendon Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Parking
    30
    Interior features
    Ceiling Height (7 to 9 Ft)
    Lot size
    0.96 Acres

    Utilities

    Sewer type
    Cesspool
    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1956
    Number of units
    2
    Building materials
    Masonry

    We can help!

    Listing Contact
    Kenneth Scotti

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

    Listing agent Kenneth Scotti (401) 354-4971

    Listing date Sep 23, 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.

    Learn more

    Property Insight Report

    Overview

    Cumberland Mixed-Use Building For Sale

    Located in Cumberland at the end of Route 99, intersecting with RI Route 122, this free-standing mixed-use building was remodeled in the early 2000s. Situated in a C-1 zone, the property includes 0.96 acres of land, equivalent to 41992 square feet. The office space totals 1968 square feet, while the residential space on the second floor also offers 1968 square feet. The high-traffic and visible location is suitable for various uses, including office space, medical facilities, automotive services, retail, and dining. The current building provides parking for over 60 cars. There are 3 entrance points located on RI Route 122 Mendon Rd. The property is located just minutes from Route 295 and 146, offering convenient access to major transportation routes. This commercial location presents endless opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.478783
    Latitude
    41.985723

    Nearby Similar for Sale

    • $999,999
      0.23 Acres

      Turnkey Mixed-Use Property For Sale

      Multi-use property with commercial space and two residential units.
      422 High St, Cumberland, RI 02864
      View Details
    • $639,000
      Pending

      Updated Three-Unit Multifamily Property

      Three updated units, convenient location, month-to-month tenants.
      13 Elizabeth St, Cumberland, RI 02864
      View Details
    • $1,300,000
      Pending

      Cumberland Commercial Property with Brewery

      Unique commercial property with successful brewery and expansion potential.
      10 Industrial Rd, Cumberland, RI 02864
      View Details
    • New
      $589,000
      Pending

      Updated Three-Family Home

      Well-maintained three-family property in a sought-after neighborhood.
      6 Cushing St, Cumberland, RI 02864
      View Details
    • $650,000
      0.13 Acres

      Mixed-Use Property in Cumberland, RI

      Unique mixed-use property with commercial space and residential unit.
      1251 Mendon Rd, Cumberland, RI 02864
      View Details
    • Contact for pricing
      1.51 Acres

      Move-In Ready Medical Office Space

      Medical office with plumbed exam rooms and great natural light.
      106 Nate Whipple Hwy, Cumberland, RI 02864
      View Details
    • Contact for pricing
      1.01 Acres

      Medical Office Suite in Cumberland

      1,070 SF medical office suite in Cumberland, Rhode Island.
      175 Nate Whipple Hwy, Cumberland, RI 02864
      View Details
    • Contact for pricing
      0.13 Acres

      Versatile Commercial Space in Cumberland

      Adaptable commercial space in a desirable Cumberland location.
      1251 Mendon Rd, Cumberland, RI 02864
      View Details
    • $649,900
      0.14 Acres

      Two-Family Home with Income Potential

      Spacious two-family home in Cumberland, RI with income potential.
      3889 Mendond Rd, Cumberland, RI 02864
      View Details
    • $729,000
      0.24 Acres

      Mixed-Use 4-Unit Opportunity

      Mixed-use property with commercial and residential units in Cumberland, RI.
      2200 Diamond Hill Rd, Cumberland, RI 02864
      View Details
    • Contact for pricing
      0.46 Acres

      Cumberland Commercial Mechanic Garage

      Mechanic garage with lifts, compressor, and office space.
      25 Grand Ave, Cumberland, RI 02864
      View Details
    • Contact for pricing
      0.70 Acres

      Cumberland Office Space For Sale

      800 sq ft office space on Mendon Road.
      1390 Mendon Rd, Cumberland, RI 02864
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Remodeled mixed-use building on a high-traffic corner lot.
    Where is this mixed-use property located?
    The property is located at 4115 Mendon Rd Cumberland, RI.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - High-traffic, highly visible location suitable for diverse commercial uses.; - Mixed-use building with office (1968 sq ft) and residential space (1968 sq ft).; - Ample parking with space for 60+ cars.
    (401) 232-3900
    Request Owner's contact information
    4115 Mendon Rd Cumberland, RI 02864
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4115 Mendon Rd
    Cumberland, RI 02864
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4115 Mendon Rd Cumberland, RI 02864
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kenneth Scotti
    Real Estate License ID: 527749
    (401) 232-3900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.