6 Hill RdBurrillville, RI 02830
- Other commercial real estate
- 5,154 SF
For Sale
$1,100,000
View listing
Property Details for 6 Hill Rd
- Year built
- 1968
- Construction
- STEEL FRAME
- Lot size
- 0.73 AC
- Property size (Sq ft)
- 5,154 SF
- Zone code
- VC
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- BURR M:142 L:016
- APU
- BURRM142L016
Description
This Burrillville, RI property offers a unique investment opportunity. The main building features a fully operational auto repair shop with multiple heated and air-conditioned bays, complete with high-quality fixtures included in the sale. A convenient storefront area is attached, ideal for retail or customer service. Two large garages are on the 0.72-acre lot
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,252,602
- 6.5%
- $1,156,248
- 7%
- $1,073,659
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,697,022
- Geo Method
- $1,697,022
-
Alternative Use
- Use
- Valuation
- Residential
- $975,338
- Hospitality
- $893,405
- Educational
- $743,302
- Medical
- $768,866
- Retail
- $1,156,248
6 Hill Rd, Burrillville, Rhode Island
Location Insight
- City
- Burrillville
- County
- Providence
- State
- Rhode Island
- Latitude
- 41.9706
- Longitude
- -71.6868
- 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
$3,658
$89,800
$154,400
$244,200
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Comparable in this City
Similar Nearby for Sale
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