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    24 Birch Ave Woonsocket, RI 02895

    Sponsored
    For Sale
    $625,000

    Prime 4,800 SF lot, high potential.

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 24 Birch Avenue in Woonsocket, Rhode Island, presents a unique investment opportunity. The 4,800 square foot lot is zoned for commercial use and offers significant development potential. While currently designated as special purpose land, its size and location in Providence County (zip code 02895) make it highly attractive for a variety of commercial ventures. The property's expansive size allows for ample space for development or expansion. The asking price is $625,000. This property is situated on a large 36,000 square foot lot, providing significant space for future development or expansion. The property's location in Woonsocket, Rhode Island offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial commercial lot in a desirable location. The property's versatility makes it suitable for a wide range of commercial uses, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

    Property Features for 24 Birch Ave

    General Information

    Property type
    Land
    Square Feet
    4,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4927601
    Latitude
    42.0107556

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    FAQs

    What type of property is this?
    Land - Prime 4,800 SF lot, high potential.
    Where is this land located?
    The property is located at 24 Birch Ave Woonsocket, RI.
    What is the asking price?
    The asking price for this property is $625,000.
    Request Owner's contact information
    24 Birch Ave Woonsocket, RI 02895
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    Woonsocket, RI 02895
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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
    24 Birch Ave Woonsocket, RI 02895
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