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

    Putnam Pike Glocester, RI 02814

    Sponsored
    For Sale
    $1,590,000

    63 Acres, Development Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 63.07-acre property in Glocester, Rhode Island, presents a significant commercial development opportunity. Currently zoned partially residential and partially business, a pending application seeks to reclassify the entire parcel for 100% business use, potentially yielding over 30 individual business-zoned lots. Detailed survey and preliminary engineering/subdivision plans are already completed and available for review. The property's versatility is further enhanced by its existing infrastructure, currently supporting heavy machinery operations. This suggests existing utilities and access points suitable for future development. The substantial acreage offers ample space for a variety of commercial ventures, from light industrial to retail, making it an attractive investment for developers and entrepreneurs alike. The seller is open to considering partial owner financing for qualified buyers, making this a particularly compelling opportunity. Please note that access to the property is restricted

    Property Features for Putnam Pike

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,747,329 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Glocester
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.57944
    Latitude
    41.88191

    Nearby Comparable

    • $1,590,000

      Prime Smithfield Development Land

      63+ Acres, Business Zoning Potential
      0 Putnam Pike, Smithfield, RI 02814
      View Details
    • $849,000

      Smithfield RI Mixed-Use Property

      Versatile Colonial, Huge Potential
      56 Pleasant View Ave, Smithfield, RI 02828
      View Details
    • Contact for pricing
      0.57 Acres

      Smithfield Storefront on Pleasant View

      High-visibility storefront ideal for retail or office use.
      128 Pleasant View Ave, Smithfield, RI 02917
      View Details
    • $599,000

      Charming Cape with Barns

      Cape on 4 acres with barns and indoor area.
      219-221 Peeptoad Rd, Scituate, RI 02857
      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 02917
      View Details
    • $999,900

      Prime Smithfield Restaurant & Land

      Restaurant & Land, High Traffic Area, Turnkey
      332 Farnum Pike, Smithfield, RI 02917
      View Details
    • Contact for pricing

      Smithfield Warehouse with Office Space

      Warehouse with office, 10' bay door, highway access.
      3 Industrial Dr, Smithfield, RI 02917
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 63 Acres, Development Potential
    Where is this commercial real estate located?
    The property is located at Putnam Pike Glocester, RI.
    What is the asking price?
    The asking price for this property is $1,590,000.
    (401) 402-0289
    Request Owner's contact information
    Putnam Pike Glocester, RI 02814
    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.
    Putnam Pike
    Glocester, RI 02814
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Putnam Pike Glocester, RI 02814
    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
    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.