95 Nooseneck Hill RdWest Greenwich, RI 02817

Property Details for 95 Nooseneck Hill Rd

Year built

1995

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.92 AC

Property size (Sq ft)

1,588 SF

Zone code

HB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WGRE M:006 B:0032 L:

APU

WGREM006B0032L

Description

This exceptional 1,588 square foot commercial property, located at 95 Nooseneck Hill Road in West Greenwich, Rhode Island, presents a unique investment opportunity. Situated on a sizable 0.9-acre lot, this single-tenancy building offers versatile space ideal for both retail and executive office uses. The property benefits from high traffic volume and strong demographics, making it an attractive location for a variety of businesses. The convenient layout ensures easy ingress and egress, enhancing accessibility for customers and employees. The asking price is $499,900. This property is zoned for retail and office use, providing flexibility for potential buyers. The building's 1,588 square feet provide ample space for a variety of business needs, while the expansive 0.9-acre lot offers potential for future expansion or outdoor amenities. Located in Kent County, Rhode Island, with a zip code of 02817, this property enjoys a strategic location within a thriving community. The property's combination of size, location, and versatility makes it an excellent choice for entrepreneurs and investors seeking a strong foothold in the West Greenwich market. The property is ready for immediate occupancy, offering a seamless transition for new businesses. Don't miss this chance to acquire a prime commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $385,939

  6.5%

  $356,252

  7%

  $330,805

• Comparable approach

  Method

  Valuation

  Relative Method

  $522,870

  Geo Method

  $522,870

• Alternative Use

  Use

  Valuation

  Residential

  $300,512

  Hospitality

  $275,267

  Educational

  $229,019

  Medical

  $236,895

  Retail

  $356,252

Location Insight

City

West Greenwich

County

Kent

State

Rhode Island

Latitude

41.6544

Longitude

-71.605

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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