970 HopeBristol, RI 02809

  • Other commercial real estate
  • 5,820 SF
Off market
$3,698,860 Estimated

Property Details for 970 Hope

Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.37 AC
Property size (Sq ft)
5,820 SF
Zone code
R-10
Property type
Other commercial real estate
Property subtype
Showrooms
APN
BRIS M:3 L:94
APU
BRISM3L94

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,414,463
    6.5%
    $1,305,658
    7%
    $1,212,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,916,312
    Geo Method
    $1,916,312
  • Alternative Use

    Use
    Valuation
    Residential
    $1,101,372
    Hospitality
    $1,008,850
    Educational
    $839,352
    Medical
    $868,218
    Retail
    $1,305,658
970 Hope, Bristol, Rhode Island

Location Insight

City
Bristol
County
Bristol
State
Rhode Island
Latitude
41.6838
Longitude
-71.2783
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
2023
$8,488
$161,500
$473,800
$635,300
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FAQs

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