
2.879.000 USD
Compra di terreno, 230 George Washington Highway, Smithfield, Rhode Island 02917, Stati Uniti
- Numero MLS1421920
10.239 m² (110.207 ft²)
Inserito da Balletto Realty
L'immobile Terreno situato all'indirizzo 230 George Washington Highway, Smithfield, Rhode Island 02917, Stati Uniti è attualmente in vendita.230 George Washington Highway, Smithfield, Rhode Island 02917, Stati Uniti è in vendita a 2.879.000 USD.
Caratteristiche delle proprietà
Proprietà
- Località: Vicino Alla Scuola
Lotto/Terreno
- Superficie del terreno/lotto:
10.239 m² (110.207 ft²) - Piano di infrastruttura del terreno: Edilizia MultifamiliareResidenzialeResidenza RuraleCondominio
- Topografia : PianoZona Paludosa Soggetta A Maree
Media
- Altri servizi: AcquaMetanoPubblicoCanalizzazione Disponibile Fuori Sede
comunitario
- Caratteristiche: Ristorante
Descrizione
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
Località
230 George Washington Highway, Smithfield, Rhode Island 02917, Stati Uniti