5 758 000 US$ USD
Terreno à venda, 250 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos
- N° MLS1421921
14 924 m² (160 639 ft²)
Listado por Balletto Realty
A Terreno para venda localizada em 250 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos está atualmente para venda.250 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos está listado por5 758 000 US$.
Características do imóvel
Imóvel
- Local: Área Suburbana
Lote/Terreno
- Tamanho do terreno/lote:
14 924 m² (160 639 ft²) - Zoneamento local: Construção Residencial MultifamiliarResidencialResidencia RuralApartamentos
- Topografia: PlanoPântano Com Marés
Serviços públicos
- Outras utilidades: Gás NaturalPúblicoGásFossa Sanitária Disponível Fora Do LocalÁgua MunicipalEsgoto Sanitário
Descrição
Attention investors/developers: Be part of Rhode Island’s next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft.² retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details.
250 George Washington Highway
Residential Land Value
52 residential units × $75,000 per unit = $3,900,000
Retail Land Value
18,000 sq. ft. × $45 per sq. ft. = $810,000 gross annual rent
Less 15% vacancy = $688,500 effective gross income
Less 10% operating expenses = $619,650 NOI
Retail land value: 3 years of NOI = $1,858,950
Proposed Land Value/Sale Price
$3,900,000 residential value
$1,858,950 retail value
= $5,758,950
Local
250 George Washington Highway, Smithfield, Rhode Island 02917, Estados Unidos