Property profile

42 Dexter St Pawtucket, RI 02860

OFF-MARKET
Showrooms
Property ID
US76-0237104
3,485 SF 0.28 ac lot Built 1920
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 42 Dexter Avenue in Pawtucket, Rhode Island, presents a unique investment opportunity. Situated on a corner lot (previously 75 Goff Avenue), this expansive 12,197 square foot parcel is ideally suited for a variety of commercial ventures. The property has undergone significant environmental remediation, including the removal of underground storage tanks and clearance from both the EPA and DEM. All necessary soil remediation has been completed, providing a clean and ready-to-build site. The existing building on the property totals 3,485 square feet, offering potential for renovation or demolition. The location offers excellent visibility and accessibility, ensuring high traffic volume and exposure to a diverse customer base. This versatile lot is perfect for a wide range of businesses, from retail establishments and gas stations to auto-related shops. The asking price for this exceptional opportunity is $889,900. This property is zoned for commercial use and is located in Providence County, Rhode Island, zip code 02860. Don't miss this chance to establish your business in a thriving location with a clean environmental record.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,485 SF
Lot 0.28 ac (11,995 SF)
Zoning code MB
APN PAWT M:44 L:0493
UPID US76-0237104

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

42 Dexter St Pawtucket, RI 02860
Pawtucket metro Census 16100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
$635k
Comparable Approach Comparable
$474k
Blend (final) Blend
$660k

Owner & transaction history

since 2024
Last sale
$660,000
5 recorded transactions
2024
$660,000
2024
Price N/A
2023
$500,000
2021
Price N/A
2012
Price N/A

Zoning & alternative use

MB · Pawtucket, RI
Zoning description

Industrial Built-Up MB. This zone is intended for existing high-density industrial structures that are used for manufacturing and storage purposes. L. Public Open PO. This zone is intended to preserve open space recreati…

General category INDUSTRIAL
Top alternative use upside
Office building $665,000 +52.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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