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    934 Victory Hwy North Smithfield, RI 02896

    Sponsored
    For Sale
    Contact for pricing

    13.63 Acres, Zoned BN, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13.63-acre commercial land parcel presents a unique development opportunity in North Smithfield, Rhode Island. Strategically located at 934 Victory Highway, this property boasts a highly desirable Business-Neighborhood (BN) zoning designation, allowing for a multitude of potential uses. Its convenient proximity to Route 146 (just 1.6 miles or approximately a 3-minute drive) ensures excellent accessibility and visibility. The site offers significant potential for developers seeking to capitalize on its prime location and flexible zoning. Town water and sewer services are readily available, simplifying infrastructure needs and reducing development costs. The expansive lot size provides ample space for a variety of projects, from retail and commercial developments to mixed-use complexes. The seller is open to discussing flexible lease or delivery terms, making this an attractive proposition for various development scenarios. This is a rare opportunity to acquire a substantial and well-situated development site in a thriving Rhode Island community. The property address is 934 Victory Highway, North Smithfield, RI 02896, located in Providence County. Detailed zoning information and permitted uses are available upon request.

    Property Features for 934 Victory Hwy

    General Information

    Property type
    Land
    Lot Size
    593,723 SF

    HighLights

    • 13.63‑acre prime development site.
    • 1.6 miles to Route 146 (approx. 3‑minute drive).
    • Business‑Neighborhood (BN) zoning.
    • Variety of permitted uses.
    • Flexible lease and delivery options.
    • Municipal water and sewer available.
    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
    North Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5872814
    Latitude
    42.0053136

    Nearby Comparable

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      North Smithfield Commercial Land Available

      3.5 acres of commercial and residential land for sale.
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    Nearby Similar for Sale

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      North Smithfield Retail/Office Opportunity

      Versatile retail/office space in a high-visibility North Smithfield location.
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      Victory Hwy Specialty Property

      Specialty property available for sale on Victory Hwy.
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    FAQs

    What type of property is this?
    Land - 13.63 Acres, Zoned BN, Prime Location
    Where is this land located?
    The property is located at 934 Victory Hwy North Smithfield, RI.
    What are key features of this property?
    This property features: 13.63-acre prime development site.; 1.6 miles to Route 146 (approx. 3-minute drive).; Business-Neighborhood (BN) zoning.
    Request Owner's contact information
    934 Victory Hwy 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
    934 Victory Hwy North Smithfield, RI 02896
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