Property profile

63 Eddie Dowling Hwy North Smithfield, RI 02896

FOR LEASE
Showrooms
Property ID
US76-0173078
13,827 SF 1.6 ac lot Built 1963
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial building located in North Smithfield, with the subject professional suite positioned at the front of the building directly inside the main entrance. The interior configuration includes a reception area, a waiting room, five offices or exam rooms, a private bathroom, and a break room, along with an ADA-compliant restroom located just outside the suite. The unit has updates including fresh paint and new carpeting, and the exterior provides ample parking near the main entrance. HVAC maintenance is handled by the property owner, and the suite is configured for gross-lease-style expense coverage of common areas. The space is suitable for professional uses such as a medical office or therapy center, or for other office-based business uses.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,827 SF
Lot 1.6 ac (69,696 SF)
Zoning code BH
APN NSMI M:0021 L:0037
UPID US76-0173078

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Foster Care Service Social Service Agency
  • Physician
  • Orthotics & Prosthetics Service Medical Clinic
  • Physician
  • Physician

Location

63 Eddie Dowling Hwy North Smithfield, RI 02896
North Smithfield metro Census 12802 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.42M

Owner & transaction history

since 2012
4 recorded transactions
2012
$1
2011
$1
2008
Price N/A
2003
$2.0M

Zoning & alternative use

BH · North Smithfield, RI
Zoning description

Business - Highway (BH). This District is established to provide areas for commercial establishments that depend primarily on a great volume of vehicular traffic. Typical uses include those which offer accommodations and…

General category COMMERCIAL

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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More about this property
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