25 Blackstone Valley PlLincoln, RI 02865

Property Details for 25 Blackstone Valley Pl

Year built

1989

Construction

STEEL FRAME

Lot size

5.30 AC

Property size (Sq ft)

75,950 SF

Zone code

ML05

Property type

Other commercial real estate

Property subtype

Showrooms

APN

LINC M:31 L:150.0 U:

APU

LINCM31L1500U

Description

This updated office building offers flexible creative office space in a highly desirable Northern Rhode Island location. The property boasts a range of suite sizes, accommodating businesses requiring anywhere from 5,000 to 60,000 square feet. The building's convenient location provides easy access for employees and clients alike. A significant advantage is the abundance of on-site parking, a valuable asset often lacking in comparable properties. The building's strategic placement adjacent to established corporate giants, Amica Insurance and RI Energy, further enhances its appeal and contributes to a vibrant and professional atmosphere. The modern design and updated facilities ensure a comfortable and productive work environment. Multiple tenancy options are available, making this property suitable for a variety of business needs and sizes. Whether your company requires a smaller, efficient space or a larger, expansive layout, this Northern RI location offers the flexibility to accommodate your specific requirements. The property's prime location and ample parking make it an exceptional opportunity for businesses seeking a high-quality, well-situated office space. Contact us today to learn more about available suites and lease terms. This is a rare opportunity to secure office space in a thriving business community.

• CAP approach

  CAP return

  Valuation

  6%

  $18,458,502

  6.5%

  $17,038,616

  7%

  $15,821,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,007,540

  Geo Method

  $25,007,540

• Alternative Use

  Use

  Valuation

  Residential

  $14,372,711

  Hospitality

  $13,165,326

  Educational

  $10,953,396

  Medical

  $11,330,101

  Retail

  $17,038,616

Location Insight

City

Lincoln

County

Providence

State

Rhode Island

Latitude

41.9383

Longitude

-71.4624

CBSA code

39300

CBSA name

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

Property Tax & Assessments

FAQs

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