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    1983 Diamond Hill Rd Woonsocket, RI 02895

    Sponsored
    For Lease
    Contact for pricing

    2.13 Acres, Single Tenant Potential

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.13-acre commercial land parcel presents a unique opportunity for development or expansion in the thriving city of Woonsocket, Rhode Island. Located at 1983 Diamond Hill Road, this single-tenant property offers significant potential for businesses seeking a strategic location in Providence County. The expansive lot size provides ample space for a variety of commercial ventures, allowing for substantial building construction or outdoor operational needs. The property is designated as commercial land, providing flexibility for various uses subject to local zoning regulations. Its address is conveniently situated at 1983 Diamond Hill Road, Woonsocket, RI 02895, offering easy access to major transportation routes and local amenities. The property's total building square footage is currently listed as 1 square foot, indicating that the land is primarily undeveloped and ready for new construction. This presents a blank canvas for a custom-designed building tailored to specific business requirements. The property's location within Providence County, Rhode Island, offers access to a robust workforce and a growing market. Serious inquiries are encouraged to explore the possibilities of this prime commercial land opportunity. The property is available for lease. Further details regarding zoning and development possibilities can be obtained through the appropriate local authorities.

    Property Features for 1983 Diamond Hill Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    1 SF

    HighLights

    • 2.13‑acre commercial land parcel in Woonsocket, RI.
    • Signalized access.
    • Outparcel to Ocean State Job Lot and Tractor Supply Co.
    Property Profile 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 - 2.13 Acres, Single Tenant Potential
    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.; Outparcel to Ocean State Job Lot and Tractor Supply Co.
    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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