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    2207 Hartford Ave Johnston, RI 02919

    For Sale
    $1,250,000

    High-visibility, 2-acre commercial lot near I-295.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2.04-acre commercial property boasts a prime location on heavily trafficked Route 6 (Hartford Avenue) in Johnston, Rhode Island. Its strategic placement offers nearly 300 feet of frontage, providing unparalleled visibility and accessibility. Situated just off Interstate 295, this lot benefits from the high volume of traffic flowing to and from the interstate, as well as the surrounding suburbs of western Rhode Island and Connecticut. The property is zoned B-2, opening up a wide array of development possibilities. Potential uses include, but are not limited to: development projects, gas stations, car washes, quick-service restaurants (QSRs), convenience stores, drugstores, food and beverage establishments, self-storage facilities, and auto-related businesses or dealerships. The proximity to the new Amazon facility further enhances the property's desirability and potential for significant return on investment. This is a unique opportunity to capitalize on the substantial daily traffic flow and establish a thriving business in a high-demand location. A lease option is available at a rate of $2.75 per square foot annually. The property is listed under MLS#73173102. The asking price is $1,250,000.

    Property Features for 2207 Hartford Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    88,862 SF

    Building Details

    Year Built
    1915
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.53383
    Latitude
    41.82996

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility, 2-acre commercial lot near I-295.
    Where is this commercial real estate located?
    The property is located at 2207 Hartford Ave Johnston, RI.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (401) 885-5400
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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
    2207 Hartford Ave Johnston, RI 02919
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