2168 Diamond Hill Rd Woonsocket, RI 02895
- Commercial real estate
- 3.71 lot acres
Current Use by Public Records
- BELTONE HEARING CENTERS / Hearing Aid Store / Hearing Aid Repair Service
- FedEx Drop Box / Mailing Service
- Mcmahon Megan D MD / Doctor
- Women's Care / Medical Clinic
- J. Hanley's Self Defense / Martial Arts School
Property Details for 2168 Diamond Hill Rd
- Lot size
- 3.71 lot acres
- Zone code
- C2
- Property type
- Commercial real estate
- APN
- WOON M:52A L:10 U:11
- APU
- WOONM52AL10U11
Description
This exceptional commercial property, located at 2168 Diamond Hill Road, offers 2,250 square feet of versatile space in a prime location near the Woonsocket/Cumberland town lines. The single-tenant unit, Building B, Suite #1, features an open floor plan with a 12-15 foot ceiling height, ideal for a variety of uses. Previously occupied by a travel agency, this well-maintained space is ready for immediate occupancy. The property boasts convenient storefront parking and benefits from its proximity to a vibrant retail corridor. Nearby establishments include popular restaurants such as Applebee's, Dunkin' Donuts, Taco Bell, McDonald's, Popeyes, and Empire Buffet, as well as numerous retail options including Tractor Supply, Ocean State Job Lot, and Burlington Coat Factory. The 3.71-acre lot (161,172 sq ft) provides ample space, and the property features a total of 177 parking spaces. The building, constructed in 1986, is a Class B property with four buildings, each one story high. The property is zoned C2 and offers excellent visibility and accessibility. This location also enjoys proximity to both single-family homes and apartment complexes, providing a diverse customer base. Electric power is available. The 529-foot frontage ensures high visibility for your business. This is a rare opportunity to acquire a well-situated commercial property in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,050,000
- 6.5%
- $3,265,000
- 7%
- $3,430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,730,000
- Geo Method
- $2,805,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,785,000
- Retail
- $2,705,000
- Mixed-Use
- $2,935,000
- Hospitality
- $3,485,000
- Educational
- $2,865,000
- Residential Income
- $2,955,000
- Energy
- $2,930,000
- Income-Based Land
- $3,090,000
- Food Service
- $3,010,000
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4661
- Latitude
- 42.0151
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
