617 George Washington HwyLincoln, RI 02865

  • Industrial properties
  • 9.00 AC
For Lease
View listing

Property Details for 617 George Washington Hwy

Lot size
9.00 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
LINC M:28 L:012.0 U:
APU
LINCM28L0120U

Description

This exceptional 22,400-square-foot distribution center in Providence County, Rhode Island offers an unparalleled opportunity for businesses seeking efficient warehouse and logistics solutions. The property boasts 18 individual suites, with a minimum divisible space of 300 square feet, providing flexibility for various tenant needs. Currently, 5,400 square feet is available for lease. The building features a substantial 54 loading docks, ensuring seamless and high-volume shipping and receiving operations. Situated on approximately 9 acres of land, the property also includes ample trailer parking, addressing the critical need for efficient yard management. The property's Manufacturing Limited (ML-0.5) zoning designation caters to a wide range of industrial uses. Its strategic location offers unparalleled access to major transportation arteries. Located just one mile from I-295, it provides quick and easy access to I-95, the city of Providence, and T.F. Green Airport. This prime location offers businesses a significant advantage in terms of regional connectivity and distribution efficiency, placing them within an hour's drive of Boston. The combination of ample space, numerous loading docks, convenient location, and flexible lease options makes this property an ideal choice for businesses seeking to establish or expand their operations in the thriving Rhode Island market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024

  • Alternative Use

    Use
    Valuation
    Residential
    $74,189,304
    Hospitality
    $67,957,000
    Educational
    $56,539,428
    Medical
    $58,483,904
    Retail
    $87,950,224
617 George Washington Hwy, Lincoln, Rhode Island

Location Insight

City
Lincoln
County
Providence
State
Rhode Island
Latitude
41.9339
Longitude
-71.4799
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$67,116
$2,011,100
$1,038,200
$3,049,300
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-
-
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Comparable in this City

Similar Nearby for Sale

Similar Nearby for Lease

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617 George Washington Hwy, Lincoln, Rhode Island, 02865

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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