Property profile

14 Cedar Swamp Rd Smithfield, RI 02917

OFF-MARKET
Showrooms
Property ID
US76-0332021
6,090 SF 3 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,200 square foot office space, located at 14 Cedar Swamp Rd in Smithfield, Rhode Island, presents a fantastic opportunity for businesses seeking a versatile and adaptable workspace. Situated in Providence County, this single-tenant unit is part of a two-story building constructed in 1979. The property boasts ample parking with 18 spaces available. The space is highly visible and previously functioned as a professional office, offering a blend of style and functionality suitable for various business types, including traditional, executive, medical, and creative offices. The landlord is willing to customize the space to meet the specific needs and preferences of the tenant, ensuring a seamless transition and optimal functionality. This attractive rental rate is complemented by flexible lease options, providing tenants with the flexibility they need. The property's prime location in Smithfield, zip code 02917, offers excellent visibility and accessibility. Don't miss this chance to secure this well-located and adaptable office space. Contact us to schedule a viewing and explore the potential of this property.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,090 SF
Lot 3 ac (130,680 SF)
Zoning code PD
APN SMIT M:43 B:000 L:104 U:
UPID US76-0332021

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Gym & Fitness Center Alternative Medicine Practice
  • Hair Salon Nail Salon

Location

14 Cedar Swamp Rd Smithfield, RI 02917-2448
Smithfield metro Census 12702 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
$797k
Blend (final) Blend
$790k

Owner & transaction history

since 2023
Last sale
$750,000
7 recorded transactions
2024
Price N/A
2024
Price N/A
2023
$750,000
2018
Price N/A
2018
Price N/A
2008
Price N/A
2006
Price N/A

Zoning & alternative use

PD · Smithfield, RI
Zoning description

This district is established to provide areas for large scale residential and/or commercial development within a comprehensive site plan, subject to development plan review by the Planning Board.

General category PLANNED_DEVELOPMENT
Top alternative use upside
Office building $1.2M +43.2%

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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