Airport Redevelopment
Vacant Land
for Sale
| Catylist Listing ID: |
30514869 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Self Storage, Other
|
| Gross Land Area: |
30,000 SF
|
| Sale Price: |
$895,000 |
| Unit Price: |
$29.83 PSF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/11/2021 |
Overview / Comments
This property is zoned for redevelopment . Across the street from the Green International Airport. Currently there is 2 buildings on the site. One is used for storage now and is made up of 3436 sf and the other building is 13,500sf. Both are rented for a total of $69,000 annually by long term tenants that are now month to month. Keep tenants in place while doing redevelopment plans.
State tax incentives available. Diagonally across the street from the train station and the parking garage.
Zoned for a 70 foot height and zero setbacks.
|
Additional Details
| Nearest MSA: |
Providence-Warwick |
| County: |
Kent |
| Taxing Authority: |
Warwick |
| Tax ID/APN: |
WK 323 416 |
| Zoning: |
INTERMODEL REDEVELOPMENT ZONE |
| Property Located Between: |
Post Rd , Rt 1 and Jefferson Blvd |
| Property Visibility: |
Excellent |
| Legal Description: |
Plat 323 Lots 416 and 424 |
| Largest Nearby Street: |
Post Rd |
| Highway Access: |
Around the corner access to I-pr and I-295 |
| Airports: |
Green State Airport across the street. |
| Site Description: |
L shaped configuration Lot 426 is potentially available |
| Area Description: |
Heavy traffic on Rt 1 and Jefferson Blvd , both main commercial corridors. |
| Zoning Description: |
Intermodel |
| Topography: |
Level |
| Soil Type: |
Gravel |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,702 |
90,356 |
232,487 |
| Median Age: |
44.15 |
43.35 |
40.98 |
| Households: |
2,920 |
37,177 |
94,101 |
|
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