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    400 Putnam Pike / Rte 44 Smithfield, RI 02917

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Smithfield, RI

    Lot size:
    3,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional retail property, Smithfield Commons, located at 400 Putnam Pike (Route 44) in Smithfield, Rhode Island, 02917, offers a total of 3,820 square feet of leasable space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. The property is ideally suited for businesses seeking flexible space options, with a minimum divisible unit of 1,320 square feet and a maximum contiguous space of 2,500 square feet. This allows for adaptability to various business needs and expansion plans. Situated in Providence County, this location benefits from high visibility and accessibility along a major thoroughfare, Route 44. The property's address is 400 Putnam Pike, providing excellent exposure to a substantial volume of daily traffic. The entire 3,820 square feet is available for lease, making it an attractive proposition for businesses requiring significant space. This presents a rare chance to establish a strong presence in a thriving Smithfield commercial district. Interested parties are encouraged to inquire about lease terms and conditions. The property is classified as Commercial Retail with multiple tenancy options.

    Property Features for 400 Putnam Pike / Rte 44

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,820 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,500 SF
    Space
    Available Space 2
    Size
    1,320 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5286641
    Latitude
    41.869656

    Nearby Comparable

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    Nearby Similar for Lease

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      Retail Space in Smithfield Commons

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      Shops on 44

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      473 Putnam Pike, Smithfield, RI 02828
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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Smithfield, RI
    Where is this retail property located?
    The property is located at 400 Putnam Pike / Rte 44 Smithfield, RI.
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    400 Putnam Pike / Rte 44 Smithfield, RI 02917
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    Smithfield, RI 02917
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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
    400 Putnam Pike / Rte 44 Smithfield, RI 02917
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