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    3045 Tower Hill Rd Saunderstown, RI 02852

    For Lease
    Contact for pricing

    Retail space with high visibility and strong traffic counts.

    Property size:
    2,000 SF
    Lot size:
    1.02 Acres

    Property Features for 3045 Tower Hill Rd

    General Information

    Size
    2,000 SF
    Lot size
    1.02 Acres

    Source: Hayes & Sherry Agent William F. Greene

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

    Overview

    Retail Space South County Gateway

    This 2,000-square-foot retail space is positioned as a gateway to South County, located at the corner of Route 138 and Route 1. The property benefits from a regional location with great access and visibility. It features a strong traffic count of 31,666 vehicles per day based on 2022 data. The location provides access to beaches and the University of Rhode Island campuses. An excellent parking field is available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Hotel & Motel Food Market HVAC Service Grocery Store Electrical Service Electronics Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Saunderstown
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.4616177
    Latitude
    41.4991386

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and strong traffic counts.
    Where is this retail space located?
    The property is located at 3045 Tower Hill Rd Saunderstown, RI.
    What are key features of this property?
    This property features: - High traffic counts: 31,666 VPD (2022); - Great access and visibility; - Regional location
    (401) 273-1980
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    3045 Tower Hill Rd Saunderstown, RI 02852
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    Saunderstown, RI 02852
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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
    3045 Tower Hill Rd Saunderstown, RI 02852
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