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    Greenville Rd Scituate, RI 02857

    Sponsored
    For Sale
    $999,000

    High-traffic location, endless possibilities. Ideal for QSR & retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 161,172 square foot commercial land parcel, located at 0 West Greenville Road in Glocester, Rhode Island (zip code 02857), presents a unique investment opportunity. Zoned for highway commercial use, the possibilities are virtually limitless. The property's superb location makes it ideal for a wide range of businesses, particularly those in the quick-service restaurant (QSR) or retail sectors. The area currently has a high demand for retail and professional services, making this a strategically advantageous site for development. This expansive lot offers significant potential for substantial returns. Note that this property can be purchased in conjunction with an adjacent parcel (Plat 19/127, 12.5 acres, MLS # 1362598), providing even greater development flexibility. The asking price for this prime commercial land is $999,000. The property is classified as Land, Retail, and Mixed Use. Located in Providence County, Rhode Island, this site offers excellent visibility and accessibility.

    Property Features for 0 Greenville Rd

    General Information

    Property type
    Restaurants
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Scituate
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.6436028
    Latitude
    41.8196045

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, endless possibilities. Ideal for QSR & retail.
    Where is this restaurant located?
    The property is located at Greenville Rd Scituate, RI.
    What is the asking price?
    The asking price for this property is $999,000.
    Request Owner's contact information
    Greenville Rd Scituate, RI 02857
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    Scituate, RI 02857
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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
    Greenville Rd Scituate, RI 02857
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