6 Blackstone Valley Pl Lincoln, RI 02865
- Commercial real estate
- 1,500 SF
Current Use by Public Records
- Breeze Digital Media / Website Designer / Advertising Agency
- Duclos Sandra / Psychologist
- PCMH #2 / Medical Center
- Lincoln Pediatric Associates Inc / Medical Clinic / Doctor
- Lincoln Dental Associates: Mark Paolucci DMD / Dentist
Property Details for 6 Blackstone Valley Pl
- Year built
- 1986
- Property size
- 1,500 SF
- Zone code
- ML05
- Property type
- Commercial real estate
- APN
- LINC M:30 L:056.0 U:306A
- APU
- LINCM30L0560U306A
Description
This exceptional 7,600 square foot commercial condominium unit, located at 6 Blackstone Valley Place, Unit 301, in Lincoln, Rhode Island, presents a unique investment opportunity. The property is a single-level space comprised of two efficient units (301 and 301A) ideally suited for a variety of commercial uses. Situated just off George Washington Highway, the property benefits from high visibility and ample parking. Each unit features a reception area with administrative space, an executive wing, several private offices, restrooms, a kitchenette, substantial storage, and large conference rooms. Unit 301, currently available, includes nine exam rooms, each equipped with a sink, cabinets, and counter space, making it particularly well-suited for medical practices. All existing furniture and medical supplies are negotiable. The property's strategic location offers easy access to Interstate 295 and Route 146, placing it within minutes of the Lincoln Mall, various national retailers, schools, restaurants, Bally's Hotel and Casino, and other amenities. The monthly association fee of $2,400 covers exterior maintenance, water, sewer, and master insurance. This property offers a compelling combination of size, location, and versatility, making it an ideal choice for businesses seeking to expand or relocate. The 0.17-acre lot provides ample space for parking and convenient access.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $170,000
- 6.5%
- $180,000
- 7%
- $190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $180,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $195,000
- Mixed-Use
- $180,000
- Hospitality
- $190,000
- Educational
- $160,000
- Residential Income
- $155,000
- Energy
- $155,000
- Income-Based Land
- $155,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4558
- Latitude
- 41.9363
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
