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    41 Sanderson Rd Smithfield, RI 02917

    For Sale
    Contact for pricing

    Well-maintained office building with high occupancy and income potential.

    Property size:
    45,715 SF
    Lot size:
    15.64 Acres

    Property Features for 41 Sanderson Rd

    General Information

    Size
    45,715 SF
    Lot size
    15.64 Acres

    Source: Paramount Properties Group Agent John Cregan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Office Building For Sale

    Constructed in 2006, this office building is situated on a 5.0-acre lot. The property has a total area of 45,715 square feet and boasts a 95.5% occupancy rate. The projected Net Operating Income (NOI) for 2025 is $1,217,378.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifespan Laboratories Medical Laboratory Smithfield Dental Associates Cosmetic Dentist Dr. Derek E. ... Dentist Shari A. Levesque Association Or Organization CharterCARE Medical Associates Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5330109
    Latitude
    41.8650699

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building with high occupancy and income potential.
    Where is this office building located?
    The property is located at 41 Sanderson Rd Smithfield, RI.
    What are key features of this property?
    This property features: - Projected 2025 NOI $1,217,378; - Occupancy 95.5%; - 5.0 Acres
    (401) 273-6100
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    41 Sanderson Rd Smithfield, RI 02917
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    Smithfield, RI 02917
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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
    41 Sanderson Rd Smithfield, RI 02917
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