Commercial Real Estate Market in N Smithfield, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
33 active listings and 253 off-market properties in N Smithfield, RI. Commercial property asks $124/SF to buy and $20.00/SF/Yr to lease (based on 7 listings).
Market Trends
N Smithfield, RI spans 23.0 square miles in Providence County, Rhode Island. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Providence County, office space asks $227/SF to buy. Office vacancy in N Smithfield, RI runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Providence County, retail space asks $209/SF to buy. Retail vacancy in N Smithfield, RI runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in N Smithfield, RI runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Providence County, multifamily space asks $210/SF to buy. Multifamily vacancy in N Smithfield, RI runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
N Smithfield, RI has 11,154 residents in 4,759 households. Density runs 484 people per square mile. Median household income here is $109,436 and median gross rent $1,282 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| North Smithfield | $124 | $20.00 |
| Woonsocket | $135 | $12.00 |
| Lincoln | $209 | $19.50 |
| Burrillville | $185 | $18.00 |
Commercial property in N Smithfield, RI asks $124/SF. The 4 bordering markets run from $124/SF in North Smithfield to $209/SF in Lincoln, and the city sits below their $160/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in N Smithfield?
How much does it cost to lease commercial space in N Smithfield?
How does N Smithfield compare to nearby markets on price?
Where does Realmo's N Smithfield market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 12 active for-lease listings in N Smithfield, RI. The medians are based on 10 of the for-sale and 7 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
