Listing Agency: Real Broker, Llc r***@therealbrokerage.com Show Phone

Listed By: Bryant Da Cruz Show Phone

Added: Jan 13 Changed: Aug 20 Last Checked: Sep 3 at 5:06PM

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MLS# 1403145

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 56 North Road in Richmond, RI, this 7.8-acre parcel (399,799 sq ft) presents an exceptional opportunity in Shannock Village. Situated along a quiet country road featuring recent new-construction homes, the property holds potential for builders, investors, or those interested in a multi-lot development. The land has frontage on North Road, suggesting possible subdivision into three buildable lots, pending buyer due diligence. The location combines rural tranquility with neighborhood charm, making it suitable for future homesites. An existing older structure and detached garage on the property will require removal, providing a clean slate for development. The sale, subject to probate court approval, offers a chance to acquire a large parcel in a desirable location. The property's zoning is R2. Envisioned uses include a small subdivision, a private estate, or a long-term investment in one of South County's picturesque villages.

Key Highlights

• Large 7.8‑acre parcel in desirable Shannock Village.
• Potential for subdivision into three buildable lots (buyer to verify).
• Located on a peaceful country road with new construction homes.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Building Supply Plumbing Service Grocery & Convenience Store Locksmith

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

28

Businesses Nearby

Explore this area Business Placement

Demographics for 02875, RI

350

Population

128

Households

2.7

Avg Household Size

45

Median Age

67%

College-Educated

100%

High-School Grad

1.8 sq mi

ZIP Area

194

Density / Sq Mi

$88,469

Median Household Income

$41,990

Median Earnings

$415,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this 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?

Land - 7.8-acre parcel in Shannock Village with subdivision potential.

Where is this land located?

The property is located at 56 North Road Richmond, RI.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Large 7.8‑acre parcel in desirable Shannock Village.; Potential for subdivision into three buildable lots (buyer to verify).; Located on a peaceful country road with new construction homes.