2374 Diamond Hill RdCumberland, RI 02864

Property Details for 2374 Diamond Hill Rd

Year built

2006

Construction

FRAME

Lot size

0.58 AC

Property size (Sq ft)

8,627 SF

Zone code

R-1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

CUMB M:027 B:0339 L:000

APU

CUMBM027B0339L000

Description

This exceptional office space, located at 2374 Diamond Hill Road, Unit 1, Cumberland, Rhode Island 02864, offers a fantastic opportunity for businesses seeking a convenient and highly visible location. The property, built in 2006, is a two-story building situated on a substantial 25,265 square foot lot. This single-unit office space is immediately available for lease with a minimum one-year term. Utilities are included in the monthly rent of $250. The building enjoys excellent visibility due to its location directly off Route 295, providing easy access for clients and employees. Ample parking is available on-site. The space is versatile and adaptable, offering various flex space options to suit diverse business needs. This property is classified as a Traditional Office, Commercial, Executive Office, and Flex space, making it suitable for a wide range of professional uses. The property is located in Providence County, Rhode Island. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,096,662

  6.5%

  $1,935,380

  7%

  $1,797,139

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,840,554

  Geo Method

  $2,840,554

• Alternative Use

  Use

  Valuation

  Residential

  $1,632,566

  Hospitality

  $1,495,422

  Educational

  $1,244,173

  Medical

  $1,286,962

  Retail

  $1,935,380

Location Insight

City

Cumberland

County

Providence

State

Rhode Island

Latitude

41.9551

Longitude

-71.4017

CBSA code

39300

CBSA name

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

Property Tax & Assessments

FAQs

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