60 Dunnell LnPawtucket, RI 02860

Property Details for 60 Dunnell Ln

Year built

1920

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.97 AC

Property size (Sq ft)

26,976 SF

Zone code

MO

Property type

Industrial properties

APN

PAWT M:34 L:0277

APU

PAWTM34L0277

Description

This exceptional industrial property, located at 60 Dunnell Lane in Pawtucket, Rhode Island, offers 26,976 square feet of versatile space ideal for warehouse, manufacturing, or flex uses. Situated on approximately 85.813 acres of land, this single-story, single-tenant building presents a unique opportunity for businesses seeking a prominent location in Providence County. Built in 1920, the structure features a solid brick façade and a functional interior layout. The interior boasts a mix of masonry and drywall, with durable vinyl flooring throughout. Heating is provided by a combination of industrial unit heaters and a forced air system. The property includes updated fire and wet sprinkler systems for safety. Loading and unloading are facilitated by two overhead doors with manual load levelers at the side loading docks, and a drive-in door on the opposite side. Zoned MO, this property is conveniently located along Dunnell Lane and Rhode Island Avenue, offering easy access to I-95 and providing coverage for both Rhode Island and Southern Massachusetts. The ample land provides room for expansion or outdoor operations, and there is extensive parking available. The property's history reflects Pawtucket's industrial heritage, making it a compelling option for businesses seeking a blend of character and modern functionality. The APN is PAWT M:34 L:0277, and the zip code is 02860.

• CAP approach

  CAP return

  Valuation

  6%

  $9,951,340

  6.5%

  $9,185,850

  7%

  $8,529,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,639,490

  Geo Method

  $5,639,490

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $4,710,460

  Mixed-Use / Specialty

  $4,693,670

  Hospitality / Lodging

  $3,443,590

  Office

  $4,665,780

  Institutional / Educational

  $4,879,520

  Residential Income

  $5,709,040

  Multifamily

  $6,847,110

  Automotive / Energy

  $4,182,450

  Parking / Income-Based Land

  $1,443,310

  Restaurant / Food Service

  $2,441,210

  Healthcare / Senior Housing

  $4,813,270

Location Insight

City

Pawtucket

County

Providence

State

Rhode Island

Latitude

41.8672

Longitude

-71.3723

CBSA code

39300

CBSA name

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

Property Tax & Assessments

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