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    597 County Rt. 2 Trl Exeter, RI 02822

    For Sale
    $399,000

    Modern Commercial Condo, 1650 sq ft, Rt. 2

    Property size:
    1,650 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1,650 square foot commercial condominium is situated in the desirable South Trail Commerce Center on Route 2 in Exeter, Rhode Island. Boasting a prime location within Eastern Exeter's Business District, this brand-new unit offers a unique blend of functionality and modern upgrades. The space features a convenient overhead door, perfect for various uses, alongside a thoughtfully designed office loft area. Custom modifications enhance the property's appeal, including upgraded flooring, improved restrooms, a central air conditioning system, and upgraded lighting and electrical systems. A notable feature is the inclusion of an RV pump-out system within the unit itself. This makes the property exceptionally well-suited for use as a high-end personal storage garage, catering to the needs of those storing automobiles, RVs, boats, or other valuable personal assets. The property sits on a 2.17-acre lot and is available for immediate occupancy. For businesses requiring more space, the adjoining unit is also available for purchase. The monthly condo association fee is $200. This versatile property presents a rare opportunity to acquire a modern, well-equipped commercial space in a highly convenient location.

    Property Features for 597 County Rt. 2 Trl

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,650 SF
    Lot Size
    94,525 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Exeter
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.55325
    Latitude
    41.52401

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    Nearby Similar for Sale

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      Exeter Commercial Lot - High Traffic

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    FAQs

    What type of property is this?
    Commercial real estate - Modern Commercial Condo, 1650 sq ft, Rt. 2
    Where is this commercial real estate located?
    The property is located at 597 County Rt. 2 Trl Exeter, RI.
    What is the asking price?
    The asking price for this property is $399,000.
    (401) 295-0300
    Request Owner's contact information
    597 County Rt. 2 Trl Exeter, RI 02822
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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
    597 County Rt. 2 Trl Exeter, RI 02822
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