115 Pleasant View AveSmithfield, RI 02917

  • Showrooms
  • 11,174 SF
For Sale
$34,900 View listing

Property Details for 115 Pleasant View Ave

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.39 AC
Property size (Sq ft)
11,174 SF
Zone code
C
Property type
Showrooms
APN
SMIT M:17 B:000 L:007 U:
APU
SMITM17B000L007U

Description

This exceptional business opportunity presents a thriving deli located at 115 Pleasant View Avenue in Smithfield, Rhode Island. Priced at $34,900, this turnkey operation is perfectly positioned for immediate success. The deli boasts a prime location within a high-traffic area, ensuring consistent customer flow and strong sales potential. The business is fully equipped and ready for a new owner to step in and begin generating revenue. No extensive renovations or upgrades are needed

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,715,672
    6.5%
    $2,506,774
    7%
    $2,327,719
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,679,187
    Geo Method
    $3,679,187
  • Alternative Use

    Use
    Valuation
    Residential
    $2,114,558
    Hospitality
    $1,936,924
    Educational
    $1,611,498
    Medical
    $1,666,920
    Retail
    $2,506,774

Location Insight

City
Smithfield
County
Providence
State
Rhode Island
Latitude
41.8839
Longitude
-71.5403
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
2023
$28,132
$447,800
$1,017,400
$1,465,200
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