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    OFF-MARKET
    Commercial real estate

    3985 Old Post Rd, Charlestown, RI 02813

    3 ac lot
    Property ID
    US76-0318420
    Property summary
    AI-generated overview

    This exceptional 3-acre commercial land parcel presents a unique build-to-suit opportunity in the heart of Charlestown, Rhode Island. Strategically located at the intersection of Old Post Rd and Narrow Ln, this property enjoys high visibility and accessibility, situated adjacent to Route 1, a major thoroughfare boasting an average daily traffic count of 22,000 vehicles. The site is zoned TVD within Washington County, offering flexibility for a wide range of commercial developments. Potential uses include, but are not limited to, banks, retail establishments, apartment complexes, pharmacies, restaurants, and hotels. This single-tenant property provides a blank canvas for developers seeking to create a significant commercial presence in a thriving Rhode Island community. The expansive acreage allows for substantial building plans, catering to large-scale projects or multiple smaller developments. Given its prime location and zoning, this land parcel represents a compelling investment opportunity with significant potential for future growth and return. The property's high visibility and convenient access to Route 1 make it an ideal location for businesses seeking to attract a large customer base. This is a rare chance to acquire a substantial commercial land holding in a desirable and rapidly developing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3 ac (130,680 SF)
    UPID US76-0318420
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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