2 MainWoonsocket, RI 02895

  • Showrooms
  • 6,232 SF
Off market
$556,370 Estimated

Property Details for 2 Main

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.06 AC
Property size (Sq ft)
6,232 SF
Zone code
MU2
Property type
Showrooms
APN
WOON M:14F L:151 U:1
APU
WOONM14FL151U1

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,178,900
    6.5%
    $1,088,210
    7%
    $1,010,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $846,844
    Geo Method
    $846,844
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,122,120
    Mixed-Use / Specialty
    $1,084,330
    Hospitality / Lodging
    $795,540
    Office
    $1,077,890
    Institutional / Educational
    $1,127,270
    Residential Income
    $1,318,900
    Multifamily
    $1,581,820
    Automotive / Energy
    $966,230
    Parking / Income-Based Land
    $333,434
    Restaurant / Food Service
    $563,969
    Healthcare / Senior Housing
    $1,111,960

Location Insight

City
Woonsocket
County
Providence
State
Rhode Island
Latitude
42
Longitude
-71.5162
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
$14,638
$19,100
$545,200
$564,300
-
-
-
-

FAQs

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