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Property profile & analytics
FOR LEASE
Office Spaces

2180 Mendon Rd Cumberland, RI 02864

9,187 SF Built 1965
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US76-0351539
2180 Mendon Rd, Cumberland, RI 02864 For Lease
$500/Mo
2180 Mendon Rd, Cumberland, RI 02864
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Property summary
AI-generated overview

This exceptional office building, situated at 2180 Mendon Road in Cumberland, Rhode Island, presents a compelling investment opportunity. Priced at $17.25 million, the property boasts a substantial 30,000 square foot lot and comprises one building within a complex of four. Constructed in 1985, the building enjoys a highly visible location on Route 122 (Mendon Road), enhanced by a prominent street sign pylon. Ample parking is available for tenants and visitors. The interior offers approximately 3 furnished private offices, a dedicated conference room, a well-equipped kitchen, and a full bathroom. A large, open "bull pen" area provides flexible workspace. The property's convenient access to I-295 makes it an ideal location for a variety of professional services, including legal, accounting, medical, dental, and chiropractic practices. Note that two additional furnished offices are also available for lease at a separate rate of $550 each. The zip code is 02864. This property is located in Providence County. The building is well-maintained and presents a strong opportunity for immediate occupancy and revenue generation. The property's location and features make it an attractive option for businesses seeking a prominent and accessible location in Cumberland, Rhode Island.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1965
Total area 9,187 SF
Zoning code C-2
APN CUMB M:033 B:0420 L:00B
UPID US76-0351539
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$970k
Owner & transaction history
Hmc Holdings LLC · 27 yrs held
Hmc Holdings LLC
since 1999
1 recorded transaction
1999
$500,000
Zoning & alternative use
C-2 · Cumberland, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-2: General Commercial District. This zoning district is intended for commercial areas that serve Town-wide needs for retail, services and professional office establishments. (e) Industrial.

Zone name General Commercial
General category COMMERCIAL
Zone area 136.20 ac
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