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    500 Mineral Spring Ave Pawtucket, RI 02860

    Picture of Commercial land at Mineral Spring Ave 500, Pawtucket, RI
    For Sale
    $799,999

    Mixed Use,Commercial - Pawtucket, RI

    Property size:
    1,330 SF
    Lot size:
    2.16 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 500 Mineral Spring Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    10
    Exterior features
    Urban
    Size
    1,330 SF
    Lot size
    2.16 Acres

    Building Details

    Year built
    1920
    Number of units
    1
    Architectural style
    Other

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

    Listing agent Kenneth Scotti (401) 232-3900

    Listing date Aug 3, 2025

    MLS# 1379416 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

    Pawtucket Commercial Land Opportunity

    This 2.16-acre commercial parcel is located on Rhode Island's Route 15 in Pawtucket, near the Massachusetts border. It offers accessibility with connections to RI Route 95 North and South. The land is suitable for various development possibilities, including retail space, storage facilities, medical office space, automotive services, and affordable housing. Pawtucket is experiencing growth, enhanced by the upcoming international soccer field nearby.
    Property Profile Insight Report 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
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.404578
    Latitude
    41.872572

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    FAQs

    What type of property is this?
    Commercial land - 2.16 acre commercial parcel on RI Route 15.
    Where is this commercial land located?
    The property is located at 500 Mineral Spring Ave Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $799,999.
    What are key features of this property?
    This property features: - Prime 2.16-acre commercial parcel on RI Route 15.; - Easy access to RI Route 95 North and South.; - Versatile land suitable for retail, storage, medical, automotive, and housing.
    (401) 232-3900
    Request Owner's contact information
    500 Mineral Spring Ave Pawtucket, RI 02860
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    Pawtucket, RI 02860
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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
    500 Mineral Spring Ave Pawtucket, RI 02860
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