1003 Victory Hwy Victory Hwy, North Smithfield, RI 02896
This exceptional .62-acre land parcel, located at 1003 Victory Highway in North Smithfield, Rhode Island, presents a unique investment opportunity. Boasting 27,007 square feet, this property enjoys a high-traffic, high-visibility location in a business zoning district. Its strategic position offers convenient access to Route 146, placing it just 25 miles from Providence and a 30-minute drive from Worcester, Massachusetts. The area is vibrant, with numerous retail shops, restaurants, banks, gas stations, and recreational facilities nearby. A significant advantage is the presence of a sewer lateral in the street, with the sewer assessment already paid. This eliminates a considerable hurdle in development planning. The property is being offered at $239,000. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its suitability for their intended use. The zip code is 02896. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Northern Rhode Island. The property's size and location make it ideal for a variety of commercial ventures.
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
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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.