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    176 Sayles Burrillville, RI 02859

    • Specialty properties
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 176 Sayles

    Year built
    1961
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 170,320 square foot commercial land parcel, located at 176 Sayles in Burrillville, Rhode Island (zip code 02859), presents a unique investment opportunity. The property, built in 1961, sits within a Residential R-12 zoning district and requires a special permit from the Town of Burrillville for commercial use. The asking price is $850,000. The site boasts readily available utilities, including telephone, electricity, public water, public sewer, and cable service. Parking is a shared arrangement with an adjacent parish and will require separate negotiation. This presents a blank canvas for developers seeking a strategically located site in a well-serviced area. The property's large size and existing infrastructure offer significant potential for a variety of commercial applications, making it an attractive prospect for those seeking a unique development opportunity in Burrillville. The property consists of one building on the lot. Further details regarding the shared parking arrangement are available upon request. This is a rare opportunity to acquire a substantial parcel of land with significant development potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burrillville
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.7053
    Latitude
    41.9602

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    176 Sayles
    Burrillville, RI 02859
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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
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