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    Property profile & analytics

    1950 Broncos Hwy Burrillville, RI 02826

    • Showrooms
    • 3,462 SF
    • 3.56 lot acres
    For Sale
    View listing
    $600,000
    Value Estimation
    Last Sale
    Nov 10, 2021
    $500,000
    Location Intelligence
    Property ID
    US76-0365572
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Showrooms

    Property Details for 1950 Broncos Hwy

    Year built
    1962
    Construction
    FRAME
    Lot size
    3.56 lot acres
    Property size
    3,462 SF
    Zone code
    GC
    Property type
    Showrooms
    APN
    BURR M:130 L:001
    APU
    BURRM130L001

    Description

    This exceptional Burrillville, RI property, located at 1950 Broncos Highway, presents a lucrative investment opportunity. The 3.5-acre lot (155,074 sq ft) houses a meticulously maintained, two-story building (1962, fully renovated in 2014) totaling over 3,400 square feet. The main level features a fully equipped commercial kitchen, a bar, a spacious dining area, and a convenient ice cream service window, ideal for a restaurant operation. Upstairs, a one-bedroom apartment provides live/work space potential. The property also includes established amenities such as mini golf and batting cages, offering additional revenue streams or recreational uses. Ample parking is available on-site. The GC zoning allows for diverse development possibilities, including expansion or the construction of additional structures. This turnkey operation is ready for immediate use and offers significant upside potential for a discerning investor. The asking price is $600,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $585,000

    • CAP approach

      CAP return
      Estimation
      6%
      $545,000
      6.5%
      $460,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $580,000
      Mixed-Use
      $555,000
      Hospitality
      $465,000
      Educational
      $555,000
      Residential Income
      $465,000
      Energy
      $555,000
      Income-Based Land
      $535,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.6297
    Latitude
    41.9759
    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
    2024
    $6,497
    $128,200
    $305,500
    $433,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $295,000
      3,704 SF

      299 Spg Lk Rd

      SHOW ROOM, WAREHOUSE • 3,704 SF
      299 Spg Lk Rd, Glendale, RI 02826
      View Details
    • Value Estimation by Request
      8,446 SF

      1992 Victory Hwy

      SHOW ROOM, WAREHOUSE • 8,446 SF
      1992 Victory Hwy, Glendale, RI 02826-1669
      View Details
    • Value Estimation
      $645,000
      19,473 SF

      24 Snake Hl Rd

      SHOW ROOM, WAREHOUSE • 19,473 SF
      24 Snake Hl Rd, Glendale, RI 02826
      View Details
    • Value Estimation
      $260,000
      3,128 SF

      1991 Victory Hwy

      SHOW ROOM, WAREHOUSE • 3,128 SF
      1991 Victory Hwy, Glendale, RI 02826-1670
      View Details
    • Value Estimation
      $320,000
      3,360 SF

      1971 Victory Hwy

      SHOW ROOM, WAREHOUSE • 3,360 SF
      1971 Victory Hwy, Glendale, RI 02826-1670
      View Details
    • Value Estimation
      $280,000
      1.45 Acres

      1910 Victory Hwy, Unit 1916

      COMMERCIAL (GENERAL) • 1.45 Acres
      1910 Victory Hwy, Glendale, RI 02826-1669
      View Details
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    1950 Broncos Hwy
    Burrillville, RI 02826
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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