Listing Agency: Paramount Properties Group Show Phone

Listed By: John Cregan

Source: Moodyscre

Added: May 12, 2025 Changed: Oct 26 Last Checked: Oct 28 at 11:52AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• Projected 2025 NOI $1,217,378
• Occupancy 95.5%
• 5.0 Acres

Property Analytics

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Current Use

Lifespan Laboratories Medical Laboratory Smithfield Dental Associates Dental Office Dr. Derek E. ... Dental Office Shari A. Levesque Association Or Organization CharterCARE Medical Associates Physician

Suggested Use

Top Pick Auto Parts Store Law Firm Computer & Electronic Repair Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

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

535

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

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