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    1983 Diamond Hill Rd Woonsocket, RI 02895

    For Sale
    Contact for pricing

    Prime Commercial Land, Excellent Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.13-acre commercial land parcel presents a remarkable investment opportunity in Woonsocket, Rhode Island. Located at 1983 Diamond Hill Road, this property boasts a highly desirable location with signalized access, ensuring optimal visibility and convenient access for businesses. Its strategic placement as an outparcel to both Ocean State Job Lot and Tractor Supply Co. guarantees significant foot traffic and brand synergy, attracting a wide range of potential customers. The property's size offers ample space for development, accommodating a variety of commercial ventures, from retail establishments to light industrial uses. The address is 1983 Diamond Hill Rd, Woonsocket, RI 02895, situated in Providence County. Its geographical coordinates are latitude 42.014428 and longitude -71.4699459. This prime location, combined with its significant size and convenient access, makes this property an ideal choice for investors seeking high-return potential in a thriving commercial area. The property is designated as commercial land and is currently available for sale. The significant advantages of this location, coupled with the substantial lot size, present a rare opportunity for development and investment in a high-traffic area. Serious inquiries are encouraged to explore the potential of this exceptional commercial land parcel.

    Property Features for 1983 Diamond Hill Rd

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    HighLights

    • 2.13‑acre commercial land parcel in Woonsocket, RI.
    • Signalized access for optimal visibility and convenient access.
    • Outparcel to Ocean State Job Lot and Tractor Supply Co., ensuring high traffic and brand synergy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woonsocket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4699459
    Latitude
    42.014428

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Excellent Visibility
    Where is this land located?
    The property is located at 1983 Diamond Hill Rd Woonsocket, RI.
    What are key features of this property?
    This property features: 2.13-acre commercial land parcel in Woonsocket, RI.; Signalized access for optimal visibility and convenient access.; Outparcel to Ocean State Job Lot and Tractor Supply Co., ensuring high traffic and brand synergy.
    Request Owner's contact information
    1983 Diamond Hill Rd 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
    1983 Diamond Hill Rd Woonsocket, RI 02895
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