Property profile

1-150 Washington Hwy Smithfield, RI 02917

FOR SALE
Flex space
Property ID
US76-Q001814
1,250 SF
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Property summary

AI-generated overview

Now available for sale, Mowry Hill Commons offers newly constructed commercial condominium units designed for a variety of business uses. Each unit features approximately 1, 250 square feet of heated and air-conditioned space, a private half bath, and a flexible open-concept layout ideal for retail, office, contractor, showroom, trade, and service-based businesses. Located just off Routes 116 and 7, the development provides excellent visibility, accessibility, and proximity to restaurants, shopping, fuel stations, hotels, and major highways including I-295 and I-95, with convenient access to both Massachusetts and Connecticut. Construction is currently underway with anticipated completion in October 2026. Tax assessments have not yet been established. All interior and exterior images are architectural renderings of the proposed development and are subject to change. Secure your space in one of Northern Rhode Island's newest commercial developments. Contact us today for pricing, availability, floor plans, and complete project details.

Property profile

Verified
Property type Flex space
Total area 1,250 SF
UPID US76-Q001814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1-150 Washington Hwy Smithfield, RI 02917
Smithfield metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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