314 4Th Ave Woonsocket, RI 02895
This exceptional 7,742 square foot lot, located at 314 Fourth Avenue in Woonsocket, Rhode Island, presents a remarkable opportunity for developers and investors. The property, encompassing a sizable 4,092 square feet, is zoned for both commercial and residential use, offering unparalleled flexibility for a variety of projects. Built in 1937, the existing structure on the lot presents a unique canvas for redevelopment or repurposing. The property's location in Providence County, zip code 02895, provides convenient access to local amenities and transportation networks. While currently listed as having zero units, the property's zoning and size allow for significant development potential. The asking price for this prime piece of land is $650,000. This represents a compelling investment opportunity in a growing Rhode Island market. The substantial lot size offers ample space for a variety of development scenarios, catering to diverse commercial and residential needs. This is a chance to acquire a significant parcel in a desirable location, ready for your vision to take shape. The property's history and existing structure add character and potential for creative redevelopment. Serious inquiries are encouraged to explore the full potential of this unique offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.