2 879 000 US$ USD
Terreno à venda, 230 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos
- N° MLS1421920
10 239 m² (110 207 ft²)
Listado por Balletto Realty
A Terreno para venda localizada em 230 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos está atualmente para venda.230 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos está listado por2 879 000 US$.
Características do imóvel
Imóvel
- Local: Perto De Uma Escola
Lote/Terreno
- Tamanho do terreno/lote:
10 239 m² (110 207 ft²) - Zoneamento local: Construção Residencial MultifamiliarResidencialResidencia RuralApartamentos
- Topografia: PlanoPântano Com Marés
Serviços públicos
- Outras utilidades: ÁguaGás NaturalPúblicoFossa Sanitária Disponível Fora Do LocalÁgua Municipal
Comunidade
- Comodidades: Restaurante
Descrição
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
Local
230 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos