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    Property profile & analytics

    350 Washington Hwy Smithfield, RI 02917-1921

    • Showrooms
    • 2,570 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Jul 27, 2022
    Location Intelligence
    Property ID
    US76-0110242
    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

    • Machinex Co / Machining Manufacturer

    Property Details for 350 Washington Hwy

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.98 lot acres
    Property size
    2,570 SF
    Zone code
    PC
    Property type
    Showrooms
    APN
    SMIT M:48 B:000 L:001-A U:
    APU
    SMITM48B000L001AU

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $510,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $550,000
      Mixed-Use
      $510,000
      Hospitality
      $530,000
      Educational
      $430,000
      Residential Income
      $490,000
      Energy
      $555,000
      Income-Based Land
      $450,000
      Food Service
      $580,000

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5105
    Latitude
    41.9237
    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
    2023
    $9,583
    $391,500
    $107,600
    $499,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      29,840 SF

      400 Putnam Pike Ste A

      SHOW ROOM, WAREHOUSE • 29,840 SF
      400 Putnam Pike Ste A, Smithfield, RI 02917-2408
      View Details
    • Value Estimation by Request
      41,536 SF

      900 Douglas Pike

      SHOW ROOM, WAREHOUSE • 41,536 SF
      900 Douglas Pike, Smithfield, RI 02917-1879
      View Details
    • Value Estimation by Request
      1,912 SF

      385 Putnam Pike

      SHOW ROOM, WAREHOUSE • 1,912 SF
      385 Putnam Pike, Smithfield, RI 02917-2401
      View Details
    • Value Estimation by Request
      6,000 SF

      285 Washington Hwy

      SHOW ROOM, WAREHOUSE • 6,000 SF
      285 Washington Hwy, Smithfield, RI 02917-1907
      View Details
    • Value Estimation
      $330,000
      1,728 SF

      405 Douglas Pike

      SHOW ROOM, WAREHOUSE • 1,728 SF
      405 Douglas Pike, Smithfield, RI 02917-2352
      View Details
    • Value Estimation by Request
      4,157 SF

      947 Douglas Pike

      SHOW ROOM, WAREHOUSE • 4,157 SF
      947 Douglas Pike, Smithfield, RI 02917-1878
      View Details

    Similar Nearby for Sale

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      Smithfield RI Mixed-Use Development

      Prime RI location, 2 buildings, high potential.
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      Prime RI location, 160K+ sq ft, development ready.
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    • Contact for pricing
      0.57 Acres

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      High-visibility storefront ideal for retail or office use.
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      35.00 Acres

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      35 Acres for Lease: Aviation & Commercial Use
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    • $699,000
      0.41 Acres

      Smithfield Restaurant and Bar Opportunity

      Well-established, newly renovated restaurant and bar in Smithfield, Rhode Island.
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    Similar Nearby for Lease

    • Contact for pricing
      2,217 SF

      Retail Space in Smithfield Commons

      Retail space available in Smithfield Commons shopping center.
      400 Putnam Pike, Smithfield, RI 02917
      View Details
    • $16 SF/Yr
      3,309 SF

      Smithfield Retail/Restaurant Opportunity

      High-visibility space suitable for restaurant, retail, or professional use.
      1114 Douglas Pike, Smithfield, RI 02917
      View Details
    • $15 SF/Yr
      9,000 SF

      Retail Space on Route 7

      Retail space available on Route 7 near corporate campuses.
      970 Douglas Pike, Smithfield, RI 02917
      View Details
    • $0.20 SF/Yr

      North Central State Airport Land

      Six land parcels for lease at North Central State Airport.
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    • $0.30 SF/Yr

      Land Parcels For Lease

      Six land parcels available for lease at North Central Airport.
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      View Details
    • $11 SF/Yr
      3,000 SF

      Smithfield Flex Space Available

      Multi-tenant flex building with office and warehouse space.
      25 Thurber Blvd, Smithfield, RI 02917
      View Details
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    350 Washington Hwy
    Smithfield, RI 02917-1921
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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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