1265 Mendon Rd Woonsocket, RI 02895
- Industrial properties
- 83,910 SF
- 3.80 lot acres
Current Use by Public Records
- Dollar General / Convenience Store / Discount Store
- Western Union / Money Transfer Service
Property Details for 1265 Mendon Rd
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.80 lot acres
- Property size
- 83,910 SF
- Zone code
- MU2
- Property type
- Industrial properties
- APN
- WOON M:49B L:6 U:1
- APU
- WOONM49BL6U1
Description
This exceptional 4.69-acre commercial land parcel, strategically located at the corner of Mendon Road and Aylsworth Avenue in Woonsocket, Rhode Island, presents a unique build-to-suit or joint venture opportunity. Boasting high visibility with over 11,000 vehicles passing daily, this site benefits from convenient access to major roadways including Interstate 95, 295, and Route 146, providing easy access to neighboring Massachusetts towns such as Wrentham, Franklin, Blackstone, and Bellingham. The property offers significant frontage on Mendon Road (753 feet) and includes 1000 parking spaces. Utilities are readily available, including water, sewer, natural gas, and high-capacity electrical power. The MU-2 zoning allows for a wide range of development possibilities, including but not limited to: car washes, supermarkets, retail spaces, laundromats, breweries, restaurants, entertainment venues, fuel stations, auto sales and repair facilities, warehouses, trucking terminals, veterinary clinics, light manufacturing, and medical uses. The site is also well-suited for contractor bays and solar installations. Prominent signage opportunities along Mendon Road further enhance the property's marketing potential. The property can be subdivided into smaller parcels to accommodate various development needs. This is an unparalleled chance to establish a thriving business in a high-traffic location with excellent infrastructure and diverse development options. Bring your vision and create a landmark destination.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $250,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $290,000
- Mixed-Use
- $235,000
- Hospitality
- $250,000
- Educational
- $230,000
- Residential Income
- $270,000
- Energy
- $210,000
- Income-Based Land
- $285,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Woonsocket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4817
- Latitude
- 42.0019
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
