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Assisted Living Approved Development Land
For Sale
Contact for pricing
Pending

1118 Victory Hwy, North Smithfield, RI 02896

7.6 acres approved for a 102- or 120-unit assisted living facility or 55+ community.

Property SizeContact for details
Days on Market124

Property Features for 1118 Victory Hwy

General Information

Standard status Pending
Property subtype Land
Listing Agency: DAS Contracting
Listed By: Matthew Howe · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DAS Contracting

Investment Insights

Based on property information with market context.

This 7.6-acre development site has approval for either a 102- or 120-unit assisted living facility, or a 55+ community. Unit counts may vary based on the number of bedrooms per building, and a schematic is available for review.

The property is located at 1118 Victory Hwy in North Smithfield, Rhode Island. The proposed complex entrance is approximately 3,000 feet south of the intersection of Route 5 and Route 102, where three vacant single-family homes would be demolished to make way for construction.

The land is being offered for sale with cooperation for brokers; details and showings are available by call.

Key Highlights

  • 7.6‑acre land approved for a 102- or 120‑unit assisted living facility or 55+ community.
  • Proposed complex is on Victory Highway in North Smithfield, RI.
  • Entrance proposed about 3,000 ft south of the intersection of Route 5 and Route 102.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Law Firm Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 02896, RI

11,154
Population
4,759
Households
2.3
Avg Household Size
48
Median Age
34%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
485
Density / Sq Mi
$109,436
Median Household Income
$57,420
Median Earnings
$1,282
Median Rent
$423,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7.6 acres approved for a 102- or 120-unit assisted living facility or 55+ community.
Where is this residential land & home lot located?
The property is located at 1118 Victory Hwy North Smithfield, RI.
What are key features of this property?
This property features: 7.6‑acre land approved for a 102- or 120‑unit assisted living facility or 55+ community.; Proposed complex is on Victory Highway in North Smithfield, RI.; Entrance proposed about 3,000 ft south of the intersection of Route 5 and Route 102.
More about this property
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