Listing Agency: Sweeney Real Estate

Listed By: Thomas Sweeney · License #RI Show Phone

Source: Crexi

Added: Aug 27, 2024 Changed: Oct 3 Last Checked: Oct 4 at 10:18AM

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Investment Insights

Based on property information with market context.

For sale or lease: a 12.06± acre land parcel zoned for light industrial use. The property benefits from favorable owner financing options. It features 1,575 feet of frontage on Nooseneck Hill Road and is located approximately 0.5 miles from Interstate 95 on and off ramps. Some site work has been completed. A survey is available upon request. The estimated taxes are $3,411. Potential uses include solar, transportation terminal, outdoor vehicle storage, contractor units, fuel sales, auto body shop, warehouse with outdoor storage, and general storage facilities.

Key Highlights

• Favorable owner financing available
• Just 1/2 mile from I‑95 on/off ramp
• 12.06± acres of land

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Pet Grooming Service Gym & Fitness 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

8

Businesses Nearby

Explore this area Business Placement

Demographics for 02898, RI

1,887

Population

768

Households

2.5

Avg Household Size

44

Median Age

56%

College-Educated

99%

High-School Grad

11.9 sq mi

ZIP Area

159

Density / Sq Mi

$124,083

Median Household Income

$53,396

Median Earnings

$399,400

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 12.06 acre light industrial land parcel for sale.

Where is this industrial land located?

The property is located at 310 Nooseneck Hill Rd Richmond, RI.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Favorable owner financing available; Just 1/2 mile from I‑95 on/off ramp; 12.06± acres of land