Property profile

285 Washington Hwy Smithfield, RI 02917

OFF-MARKET
Showrooms
Property ID
US76-0047988
6,000 SF 2.58 ac lot Built 1998
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,000 SF
Lot 2.58 ac (112,385 SF)
Zoning code PC
APN SMIT M:46 B:000 L:075-D U:
UPID US76-0047988

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
  • (Bike/Boat/Book/etc) Store Bakery
  • Grocery & Convenience Store
  • Atm
  • Restaurant
  • Atm

Location

285 Washington Hwy Smithfield, RI 02917-1907
Smithfield metro Census 12601 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2020
Price N/A
2012
$1
2012
Price N/A

Zoning & alternative use

PC · Smithfield, RI
Zoning description

This district is established to provide an area for planned employment uses, including planned office, as well as research and development parks, light industrial development, corporate headquarters, hotel/conference fac…

General category INDUSTRIAL
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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