2 879 000 $ US USD
Terrains à vendre, 230 George Washington Highway, Smithfield, Rhode Island 02917, États-Unis
- #MLS1421920
10 239 m² (110 207 ft²)
Inscrit par Balletto Realty
Le bien Terrain situé à 230 George Washington Highway, Smithfield, Rhode Island 02917, États-Unis est actuellement à vendre.230 George Washington Highway, Smithfield, Rhode Island 02917, États-Unis affiche un prix de 2 879 000 $ US.
Caractéristiques de la propriété
Propriété
- Lieu: École À Proximité
Parcelle/Terrain
- Superficie du terrain/lot:
10 239 m² (110 207 ft²) - Zonage local: Résidences MultifamilialesRésidentielRésidence En Milieu RuralCondo
- Topographie: NiveauMarais Littoral
Services publics
- Autres services publics / utilités: EauGaz NaturelPublicÉgout Hors SiteEau Municipale
Communauté
- Caractéristiques: Restaurant
Description
Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island’s next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft.² retail.” Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details.
230 George Washington Highway
Residential Land Value
26 residential units × $75,000 per unit = $1,950,000
Retail Land Value
9,000 sq. ft. × $45 per sq. ft. = $405,000 gross annual rent
Less 15% vacancy = $344,250 effective gross income
Less 10% operating expenses = $309,825 NOI
Retail land value: 3 years of NOI = $929,475
Proposed Land Value/Sale Price
$1,950,000 residential value
$929,475 retail value
= $2,879,475
Lieu
230 George Washington Highway, Smithfield, Rhode Island 02917, États-Unis