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    2128 Hartford Ave Hartford Ave Johnston, RI 02919

    Sponsored
    For Sale
    $999,999

    Prime Johnston location, B-3 zoning, lease options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,201 square foot commercial land parcel in Johnston, Rhode Island, presents a unique investment opportunity. Located at 2128 Hartford Avenue, this property boasts a highly desirable B-3 Interchange Business District zoning, allowing for a wide range of commercial developments. Its strategic location adjacent to a new Amazon distribution facility and a new medical facility ensures high visibility and accessibility. The property benefits from convenient highway interchanges providing immediate access to Massachusetts and Connecticut. The existing structure, a 1-story, 1950-built residential building with three bedrooms, one bath, eat-in kitchen, fireplace, hardwood floors, full basement, and laundry room, is currently rented, with the tenant responsible for utilities. This presents an immediate income stream while offering significant potential for redevelopment. The Town of Johnston's business-friendly environment and commitment to growth make this an ideal location for large-scale, mixed-use projects, including high-density residential, retail, commercial, office, light manufacturing, and distribution facilities. The property's proximity to numerous business campuses, medical offices, shopping centers, and schools further enhances its appeal. Lease options may be available. This is a rare chance to acquire a substantial commercial property in a thriving area with excellent growth prospects.

    Property Features for 2128 Hartford Ave Hartford Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $999,999 asking price.
    • 20,201 SF commercial land parcel.
    • Located in Johnston, RI, zip code 02919.
    • Zoned Interchange Business B‑3, allowing for mixed‑use development.
    • Adjacent to new Amazon and medical facilities, offering excellent access and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5253096
    Latitude
    41.8304353

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    FAQs

    What type of property is this?
    Land - Prime Johnston location, B-3 zoning, lease options.
    Where is this land located?
    The property is located at 2128 Hartford Ave Hartford Ave Johnston, RI.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: $999,999 asking price.; 20,201 SF commercial land parcel.; Located in Johnston, RI, zip code 02919.
    (401) 331-3948
    Request Owner's contact information
    2128 Hartford Ave Hartford Ave 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
    2128 Hartford Ave Hartford Ave Johnston, RI 02919
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