1526 Atwood AveJohnston, RI 02919

  • Other commercial real estate
  • 72,328 SF
For Lease
$25/SF/YR View listing

Property Details for 1526 Atwood Ave

Year built
2000
Construction
STEEL FRAME
Lot size
4.53 AC
Property size (Sq ft)
72,328 SF
Zone code
R40
Property type
Other commercial real estate
Property subtype
Showrooms
APN
JOHN M:0053 L:301
APU
JOHNM0053L301

Description

This Class A medical office building, located at 1526 Atwood Avenue in Johnston, Rhode Island (zip code 02919), offers 84,860 square feet of space in a single, four-story building constructed in 2000 and renovated in 2023. The property sits on a 4.53-acre lot and features fifteen suites, with five currently available, ranging from 450 to 11,000 contiguous square feet

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,578,228
    6.5%
    $16,226,057
    7%
    $15,067,053
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,814,948
    Geo Method
    $23,814,948
  • Alternative Use

    Use
    Valuation
    Residential
    $13,687,287
    Hospitality
    $12,537,481
    Educational
    $10,431,037
    Medical
    $10,789,776
    Retail
    $16,226,057
1526 Atwood Ave, Johnston, Rhode Island

Location Insight

City
Johnston
County
Providence
State
Rhode Island
Latitude
41.8278
Longitude
-71.5024
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
2024
$195,205
$1,851,500
$5,264,980
$7,116,480
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