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    503 County Trl South County Trl Exeter, RI 02822

    Sponsored
    For Sale
    $225,000

    Prime Exeter location, 0.85-acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 503 South County Trail in Exeter, Rhode Island, presents a unique investment opportunity. The 0.85-acre lot, zoned for business use and including cannabis use, offers significant potential for a variety of ventures. The property, built in 1950, features a single building on a 37,026 square foot lot, with approximately 0.23 acres considered usable. Its prime corner location in the business district ensures high visibility and accessibility. The high traffic count of 13,929 ADT provides excellent exposure for any business. Its proximity to Yawgoo Ski Resort adds to its appeal and potential customer base. While the property's previous use was a restaurant, its zoning allows for diverse possibilities, including a food truck or stand. Note that no surveys have been completed on this property. The asking price for this exceptional opportunity is $225,000. This is a rare chance to acquire a well-situated commercial property in a thriving Rhode Island community.

    Property Features for 503 County Trl South County Trl

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1950
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Exeter
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.5531929
    Latitude
    41.521915

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    Nearby Similar for Sale

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    • $225,000
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      Exeter Commercial Lot - High Traffic

      Cannabis-zoned lot, high traffic count, near Yawgoo.
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      Exeter Retail Storefront - $900/Month

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    FAQs

    What type of property is this?
    Individual retail property - Prime Exeter location, 0.85-acre lot.
    Where is this individual retail property located?
    The property is located at 503 County Trl South County Trl Exeter, RI.
    What is the asking price?
    The asking price for this property is $225,000.
    Request Owner's contact information
    503 County Trl South County Trl Exeter, RI 02822
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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
    503 County Trl South County Trl Exeter, RI 02822
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