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Property profile & analytics
OFF-MARKET
Land

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 Land
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
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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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