1951-1967 Mineral Spring Ave North Providence, RI 02904
This exceptional 3-acre commercial property, located at 1951-1967 Mineral Spring Avenue in North Providence, Rhode Island (zip code 02904), presents a unique investment opportunity. Boasting a substantial 126,304 square feet, this site is zoned for Commercial General use and offers unparalleled access with frontage on Mineral Spring Avenue and access from three additional streets. The property benefits from a highly desirable location surrounded by established national and local retailers, offices, and residential neighborhoods, ensuring strong visibility and potential for high foot traffic. The site enjoys a strategic position at a traffic light on Mineral Spring Avenue, experiencing a significant daily traffic count of 24,000 vehicles. All utilities are readily available, making development seamless. The 268-foot frontage on Mineral Spring Avenue provides ample space for various commercial ventures. This property is offered for sale or ground lease, providing flexibility for potential buyers or lessees. This prime location and substantial size make this an ideal site for a variety of commercial developments. The property's strategic location and high traffic volume make it an exceptional investment opportunity in a thriving Rhode Island community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.