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    Property profile & analytics

    450 Washington Hwy Smithfield, RI 02917-1925

    • Showrooms
    • 1,728 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US76-0181808
    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

    • Marsh & Long Surveying, Inc. / Land Surveyor / Civil Engineer

    Property Details for 450 Washington Hwy

    Year built
    1951
    Construction
    FRAME
    Lot size
    0.75 lot acres
    Property size
    1,728 SF
    Zone code
    PC
    Property type
    Showrooms
    APN
    SMIT M:48 B:000 L:039 U:
    APU
    SMITM48B000L039U

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $310,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $345,000
      Mixed-Use
      $300,000
      Hospitality
      $325,000
      Educational
      $325,000
      Residential Income
      $290,000
      Energy
      $290,000
      Income-Based Land
      $330,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4988
    Latitude
    41.9288
    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
    $5,722
    $157,700
    $140,300
    $298,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      SHOW ROOM, WAREHOUSE • 33,340 SF
      41 Sanderson Rd, Smithfield, RI 02917-2602
      View Details
    • Value Estimation by Request
      14,732 SF

      37 Thurber Blvd Bldg B

      SHOW ROOM, WAREHOUSE • 14,732 SF
      37 Thurber Blvd Bldg B, Smithfield, RI 02917-1822
      View Details
    • Value Estimation by Request
      140,616 SF

      19 Business Park Dr

      SHOW ROOM, WAREHOUSE • 140,616 SF
      19 Business Park Dr, Smithfield, RI 02917-1955
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    • Value Estimation by Request
      115,802 SF

      910 Douglas Pike

      SHOW ROOM, WAREHOUSE • 115,802 SF
      910 Douglas Pike, Smithfield, RI 02917-1874
      View Details
    • Value Estimation by Request
      44,865 SF

      550-B George Washington Hwy

      SHOW ROOM, WAREHOUSE • 44,865 SF
      550-B George Washington Hwy, Smithfield, RI 02917
      View Details
    • Value Estimation by Request
      16,810 SF

      9 Cedar Swamp Rd

      SHOW ROOM, WAREHOUSE • 16,810 SF
      9 Cedar Swamp Rd, Smithfield, RI 02917-2417
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

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      2,217 SF

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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
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    450 Washington Hwy
    Smithfield, RI 02917-1925
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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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