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    Property profile & analytics

    970 Douglas Pike Smithfield, RI 02917-1840

    • Commercial real estate
    • 3.98 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US76-0048253
    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

    • ATM 7ELEVEN, INC. / Bank / Atm
    • Ichiraku Ramen & Fusion (Smithfield) / Restaurant / Asian Restaurant
    • 7-Eleven / Convenience Store
    • Western Union / Money Transfer Service
    • Elite Staffing Inc / Employment Agency

    Property Details for 970 Douglas Pike

    Lot size
    3.98 lot acres
    Zone code
    HC
    Property type
    Commercial real estate
    APN
    SMIT M:46 B:000 L:236 U:
    APU
    SMITM46B000L236U

    Description

    This exceptional 9,000-square-foot retail space, located at 970 Douglas Pike in Smithfield, Rhode Island, presents a unique opportunity for a discerning tenant. Previously occupied as a fitness center, the property offers a spacious, open floor plan ideal for a variety of commercial uses. The building's ample parking ensures convenient access for customers and employees. Situated within Providence County's Planned Corporate District (PCD) zoning, this location benefits from excellent visibility and accessibility. The entire 9,000 square feet is currently vacant and ready for immediate occupancy. The single-tenant configuration provides flexibility and control for the new occupant. The property's address is 970 Douglas Pike, Smithfield, RI 02917, and its convenient location offers easy access to major roadways and a thriving local community. This is a rare opportunity to secure a substantial retail space in a desirable location with ample parking. The property is zoned PCD, allowing for a range of commercial uses, subject to local regulations. Interested parties are encouraged to conduct their own due diligence to confirm suitability for their intended use. The property is available for lease.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Smithfield
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.5202
    Latitude
    41.9155
    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
    2020
    $54,422
    $674,000
    $2,621,000
    $3,295,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      41,536 SF

      900 Douglas Pike

      SHOW ROOM, WAREHOUSE • 41,536 SF
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      1,912 SF

      385 Putnam Pike

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      $390,000
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      350 Washington Hwy

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      6,000 SF

      285 Washington Hwy

      SHOW ROOM, WAREHOUSE • 6,000 SF
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    Similar Nearby for Lease

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      North Central State Airport Land

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      Retail Space on Route 7

      Retail space available on Route 7 near corporate campuses.
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    Smithfield, RI 02917-1840
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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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