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    29 George Waterman Rd Johnston, RI 02919

    Sponsored
    For Sale
    $199,900

    Established Daycare Business, High Demand

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 29 George Waterman Road, Johnston, RI 02919 presents a unique investment opportunity. The 0 square foot lot, built in 1980, houses a thriving, fully staffed daycare center with an impeccable 34-year reputation in the community. Currently operating at full capacity with 14 students, this BrightStars accredited business boasts consistent high demand. The sale includes the established business only

    Property Features for 29 George Waterman Rd

    General Information

    Property type
    Land

    Building Details

    Year Built
    1980
    Buildings
    1
    Units
    1

    HighLights

    • Thriving daycare center in Johnston, RI, operating at full capacity.
    • Established business with a 34‑year reputation and BrightStars accreditation.
    • Located on a 0 square foot lot at 29 George Waterman Road.
    • Built in 1980.
    • Sale includes the established business only; real estate not included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4841919
    Latitude
    41.8403219

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    FAQs

    What type of property is this?
    Land - Established Daycare Business, High Demand
    Where is this land located?
    The property is located at 29 George Waterman Rd Johnston, RI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Thriving daycare center in Johnston, RI, operating at full capacity.; Established business with a 34-year reputation and BrightStars accreditation.; Located on a 0 square foot lot at 29 George Waterman Road.
    Request Owner's contact information
    29 George Waterman Rd Johnston, RI 02919
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    Johnston, RI 02919
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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
    29 George Waterman Rd Johnston, RI 02919
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