1130 Ten Rod RdNorth Kingstown, RI 02852

Property Details for 1130 Ten Rod Rd

Year built

1988

Property size (Sq ft)

2,047 SF

Zone code

PBD

Property type

Office properties

Property subtype

Other office properties

APN

NKIN M:101 B:022

APU

NKINM101B022

Description

This exceptional 2,239 square foot office condo, located in the desirable Meadows Office Park in North Kingstown, Rhode Island, presents a unique investment opportunity. Built in 1998, this single-story property is ideally situated near Wickford Junction and offers convenient access to major roadways. Originally two separate units, this space has been seamlessly combined to create a versatile layout currently utilized as a thriving law office with individual office rentals. The adaptable floor plan features multiple private offices, a sizable cubicle area, two conference rooms, a welcoming reception area, abundant storage, and a fully equipped kitchen. The property includes ample on-site parking for employees and clients. The asking price is $289,900, translating to $129.48 per square foot. Nearly all furnishings are included, making this a turnkey solution for a variety of business needs, from establishing a headquarters to generating income through individual office rentals. This property is perfect for businesses seeking a professional, accessible, and well-equipped workspace in a thriving Rhode Island community. The zip code is 02852.

• CAP approach

  CAP return

  Valuation

  6%

  $338,430

  6.5%

  $312,397

  7%

  $290,083

• Comparable approach

  Method

  Valuation

  Relative Method

  $267,461

  Geo Method

  $267,461

• Alternative Use

  Use

  Valuation

  Residential

  $387,372

  Hospitality

  $354,831

  Educational

  $295,215

  Medical

  $305,368

  Retail

  $459,224

Location Insight

City

North Kingstown

County

Washington

State

Rhode Island

Latitude

41.5805

Longitude

-71.4979

CBSA code

39300

CBSA name

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

Property Tax & Assessments

FAQs

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