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Property profile & analytics
OFF-MARKET
Commercial real estate

6 Blackstone Vly Pl Ste 306a Lincoln, RI 02865-1112

1,500 SF Built 1986
Entity Owned 3-yr Hold Free & Clear
Property ID
US76-0329033
Property summary
AI-generated overview

This exceptional 7,600 square foot commercial condominium unit, located at 6 Blackstone Valley Place, Unit 301, in Lincoln, Rhode Island, presents a unique investment opportunity. The property is a single-level space comprised of two efficient units (301 and 301A) ideally suited for a variety of commercial uses. Situated just off George Washington Highway, the property benefits from high visibility and ample parking. Each unit features a reception area with administrative space, an executive wing, several private offices, restrooms, a kitchenette, substantial storage, and large conference rooms. Unit 301, currently available, includes nine exam rooms, each equipped with a sink, cabinets, and counter space, making it particularly well-suited for medical practices. All existing furniture and medical supplies are negotiable. The property's strategic location offers easy access to Interstate 295 and Route 146, placing it within minutes of the Lincoln Mall, various national retailers, schools, restaurants, Bally's Hotel and Casino, and other amenities. The monthly association fee of $2,400 covers exterior maintenance, water, sewer, and master insurance. This property offers a compelling combination of size, location, and versatility, making it an ideal choice for businesses seeking to expand or relocate. The 0.17-acre lot provides ample space for parking and convenient access.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1986
Total area 1,500 SF
Zoning code ML05
APN LINC M:30 L:056.0 U:306A
UPID US76-0329033
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
Current use
Occupant on record · Public records
  • Breeze Digital Media Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Duclos Sandra Physician Medical Clinic
  • PCMH #2 Medical Clinic
  • Lincoln Pediatric Associates Inc Medical Clinic
  • Lincoln Dental Associates: Mark Paolucci DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Small Steps Therapy LLC · 3 yrs held
Small Steps Therapy LLC
since 2023
Last sale
$200,000
4 recorded transactions
2023
$200,000
2020
Price N/A
2016
$200,000
1993
$147,000
Zoning & alternative use
ML05 · Lincoln, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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