Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    47 Cedar Swamp Road unit 6 Smithfield, RI 02917

    View on Map
    For Sale
    Contact for pricing

    COMMERCIAL - Smithfield, RI

    Lot size:
    0.03 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    70
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 47 Cedar Swamp Road unit 6

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    2
    Standard status
    Active
    Lot size
    0.03 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    4260

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    1
    Building materials
    Steel

    We can help!

    Listing Contact
    Paul Harrison

    Listing agent Paul Harrison License #RES.0042365

    Listing office Re/Max Properties 696 Douglas Pike, SMITHFIELD, RI

    Listing date Jan 21, 2026

    MLS# 1403564

    Copyright © 2026 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

    Well-Maintained Light Industrial Unit

    This well-maintained light industrial unit features a mezzanine warehouse and storage area. The space includes a private office, a conference room, and a half bath. The unit is very clean, well-appointed, and suitable for a variety of commercial uses. The property is located in Smithfield, Rhode Island, in Providence County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mr. Gutter Roofing Company Power Washing Near ... Landscaping Superior Painting & Wallcovering ... Painting Service J's Broadway Appliance ... Home Appliance Store Leverage Associates Consultant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.535012
    Latitude
    41.877103

    Nearby Similar for Sale

    • $649,900

      Smithfield Mixed-Use Investment Opportunity

      Mixed-use building with versatile floor plan in prime lakeside location.
      2 Douglas Pike, Smithfield, RI 02917
      View Details
    • $1,995

      Smithfield Storefront on Pleasant View

      High-traffic storefront ideal for retail or office use.
      128 Pleasant View Avenue unit: B, Smithfield, RI 02917
      View Details
    • $699,000

      Smithfield Restaurant and Bar Opportunity

      Well-established, newly renovated restaurant and bar in Smithfield, Rhode Island.
      294 Waterman Avenue, Smithfield, RI 02917
      View Details
    • $899,900
      5,880 SF

      Restaurant Opportunity in Smithfield, RI

      Turn-key restaurant space with high capacity and outdoor dining.
      332 Farnum, Smithfield, RI 02917
      View Details
    • $2,500

      Smithfield Warehouse with Office Space

      Warehouse with office, 10' bay door, highway access.
      3 Industrial Drive unit: A, Smithfield, RI 02917
      View Details
    • $1,200

      Smithfield Warehouse with Bay Door

      Warehouse space with bay door, convenient highway access.
      3 Industrial Drive, Smithfield, RI 02917
      View Details
    • $649,900
      3,580 SF

      Smithfield Mixed-Use Investment Opportunity

      2,500+ sq. ft. mixed-use building in prime Lakeside location.
      2 Douglas, Smithfield, RI 02917
      View Details
    • $425,000
      1,250 SF

      New Construction Retail/Flex Condo Units

      Modern 1250 SF commercial condos for sale, versatile spaces.
      150 George Washington #13R, Smithfield, RI 02917
      View Details
    • $699,000
      3,608 SF

      Renovated Restaurant and Bar Opportunity

      Well-established, newly renovated restaurant and bar in a suburban setting.
      294 Waterman, Smithfield, RI 02917
      View Details
    • $5,000

      Commercial Property in High-Traffic Location

      Commercial property in a busy, high-traffic Smithfield location.
      270 Putnam Pike, Smithfield, RI 02917
      View Details
    • Contact for pricing
      45,715 SF

      Modern Office Building For Sale

      Well-maintained office building with high occupancy and income potential.
      41 Sanderson Rd, Smithfield, RI
      View Details

    FAQs

    What type of property is this?
    Flex space - Clean, well-appointed commercial space with mezzanine, office, and conference room.
    Where is this flex space located?
    The property is located at 47 Cedar Swamp Road unit 6 Smithfield, RI.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Mezzanine warehouse and storage area provides additional space.; Private office and conference room are already built‑out.; Well‑maintained and clean condition is move‑in ready.
    (401) 232-3900
    We can help!
    Listing Contact
    Paul Harrison
    Real Estate License ID: RES.0042365
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!