3985 Old Post Rd, Charlestown, RI 02813
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.