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Property profile & analytics
OFF-MARKET Estimated value $640,000
Showrooms

67 Nooseneck Hl Rd West Greenwich, RI 02817-1525

5,000 SF 1.78 ac lot Built 1979
Individually Owned 13-yr Hold Free & Clear
Property ID
US76-0299098
Property summary
AI-generated overview

This exceptional 77,537 square foot land parcel presents a unique investment opportunity in West Greenwich, Rhode Island. Located at 67 Nooseneck Hill Road, zip code 02817, this property is ideally situated behind an existing building on a hill. The land is already cleared and stumped, eliminating significant site preparation costs for the prospective buyer. The property is designated as Land, with a single unit and no existing buildings. The lot size is substantial, offering ample space for various development possibilities. The year of record for this property is 1979, though this refers to a previous structure or record, not the current land itself. The asking price is a highly negotiable $10,000. This represents a rare chance to acquire a sizable, prepared parcel in a desirable Rhode Island location. The property is offered as a land lease only. Further details regarding lease terms are available upon request. This property is located in Kent County. The precise latitude and longitude coordinates are 41.6553092, -71.6053752. Serious inquiries only.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 1.78 ac (77,537 SF)
Zoning code HB
APN WGRE M:006 B:0030 L:
UPID US76-0299098
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
  • Rhodes Auto Sales and Service Car Dealership
  • Simpson's Auto Care Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$653k
Blend (final) Blend
$640k
Owner & transaction history
Gary French · 13 yrs held
Gary French
since 2013
3 recorded transactions
2013
$1
2012
$1
2011
$9,529
Zoning & alternative use
HB · West Greenwich, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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