6 Hill RdBurrillville, RI 02830

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

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

• CAP approach

  CAP return

  Valuation

  6%

  $974,972

  6.5%

  $899,974

  7%

  $835,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $700,358

  Geo Method

  $700,358

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,755,040

  Mixed-Use / Specialty

  $896,766

  Hospitality / Lodging

  $657,928

  Office

  $891,438

  Institutional / Educational

  $932,275

  Residential Income

  $1,090,760

  Multifamily

  $1,308,200

  Automotive / Energy

  $799,093

  Parking / Income-Based Land

  $275,757

  Restaurant / Food Service

  $466,415

  Healthcare / Senior Housing

  $919,617

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

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