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    595 Smithfield Rd North Smithfield, RI 02896

    Sponsored
    For Lease
    Contact for pricing

    High-Visibility Retail Pad in RI

    Lot size:
    21,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 21,780 square foot pad site presents a prime retail opportunity in the bustling Stop & Shop Plaza in North Smithfield, Rhode Island. Located on a half-acre lot with 350 parking spaces, this single-tenant property boasts unparalleled visibility and accessibility from a major, well-lit intersection. The site is currently vacant and zoned BN, offering flexibility for a variety of retail uses. This location benefits from its proximity to a strong concentration of national retailers, including Walmart, Lowe's, Kohl's, PetSmart, Aldi, Planet Fitness, Texas Roadhouse, and Taco Bell, ensuring high foot traffic and brand recognition. The plaza also features complementary businesses such as Ocean State Job Lot, McDonald's, Burger King, AutoZone, Dollar Tree, and a Stop & Shop gas station, creating a vibrant and convenient shopping destination. This pad site offers an exceptional opportunity to establish a thriving retail presence in a high-demand area with significant consumer traffic and strong anchor tenants. The property's size and location make it ideal for a variety of retail concepts seeking high visibility and convenient access for customers. The ample parking ensures ease of access for shoppers and employees. This is a rare opportunity to secure a prime retail location in a thriving commercial center.

    Property Features for 595 Smithfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,780 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    21,780 SF

    HighLights

    • Ground lease pad site available at Stop & Shop, North Smithfield, RI.
    • High‑traffic location anchored by Stop & Shop and surrounded by major retailers including Walmart, Lowe's, and Kohl's.
    • Excellent visibility and accessibility from a major, lighted intersection.
    • Strong co‑tenancy with Ocean State Job Lot, McDonald's, Burger King, and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stop & Shop Pharmacy Pharmacy higi Medical Clinic Western Union Money Transfer Service Citizens Bank Atm Stop & Shop Grocery Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5165687
    Latitude
    41.9814519

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    Nearby Similar for Lease

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      Park Square Medical Office For Sale

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      North Smithfield Retail Space Available

      Retail and restaurant spaces available in North Smithfield, Rhode Island.
      19 Dowling Village Blvd, North Smithfield, RI 02824
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      North Smithfield Office Space Available

      Office space for rent with ample parking and highway access.
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    FAQs

    What type of property is this?
    Retail property - High-Visibility Retail Pad in RI
    Where is this retail property located?
    The property is located at 595 Smithfield Rd North Smithfield, RI.
    What are key features of this property?
    This property features: Ground lease pad site available at Stop & Shop, North Smithfield, RI.; High-traffic location anchored by Stop & Shop and surrounded by major retailers including Walmart, Lowe's, and Kohl's.; Excellent visibility and accessibility from a major, lighted intersection.
    Request Owner's contact information
    595 Smithfield Rd North Smithfield, RI 02896
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    North Smithfield, RI 02896
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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
    595 Smithfield Rd North Smithfield, RI 02896
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