0 - Lot 7 Walling Rd
- – beds
- – baths
- – sqft
- ~40 acre lot
This 40.29 acre parcel is part of the Nason Village comprehensive re-development plan, which allows for residential lots of as small as 12k square feet with 50 foot frontage and no minimum lot sizes for commercial pads! With over 2900 feet of paved road frontage as many as 30 homes can be built before any roads need to be constructed! The zoning currently allows for residential, commercial, industrial, retail, mixed use, etc. and is being amended to also allow for a contemporary co-living development, that require no subdivision, paved roads or underground utilities! As many as 80 to 100 units may be constructed on this parcel.! The Economic Development Foundation of Rhode Island has been retained by the town, to help develop the new comprehensive Nason Village re-development plan, and the town and state will be investing millions in new village infra-structure! This parcel is also zoned for large commercial solar development, has 3 phase on the property, and we have offers in hand to lease 8 acres, which can return over $1,300,000 in lease revenue to the buyer! The asking price is only $795k and is a no lose opportunity for some lucky investor! This parcel is located on Douglas Pike just over the North Smithfield town line and is close to all interstates. Minutes From Bryant University, Fidelity Investments, Boston, Worcester, Providence and Warwick. Schedule a Private Showing
Last checked: 8 minutes ago • Last updated Jul 28, 2020 • Source: RIMLS
MLS# 1191626 — Report a problem
Amenities & Taxes
The Building
- Type:
- Total Residential Development
- Building:
- None
Financial & Terms
- Occupancy Close:
- 1-45 Days
Location
- Near:
- Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Schools, Shopping
- Road:
- Blacktop, High Traffic, Municipal, State
- Location:
- Suburban
- Topography:
- Rolling
- Visibility:
- High
The Property
- Have:
- Aerial Photo, Boundary Survey
- Zoning:
- VCVPD
- Approx. Lot Size:
- 1,755,032 Sqft
- Site Acres:
- 40 Sqft
- Land Status:
- Raw Land
- Lot Frontage:
- 2900
- Prop Zoning:
- Residential
- Percent Field:
- 20
- Percent Woods:
- 80
- Best Use:
- Residential Development
- Soil:
- Gravel
- Property Type:
- Vacant Land
- Potential Lots:
- 80
- Lot Description:
- Wooded
- Sub Division Lot:
- No
Taxes
- Assessment:
- $328,000
- Taxes Year:
- 2017
- Real Estate Taxes:
- $6,000
Utilities
- Utilities In Area:
- Electric, Muncipal Water, Sewer
- Utilities:
- 3-Phase Electric, Cable TV, Electric, Municipal Water, Sanitary Sewers, Storm Sewer, Street Lights, Telephone
- Water Supply:
- Available
!
Never miss new listings
Be the first to know about new listings between $700,000–$1,000,000 in this neighborhood
Your commute
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
| Pending | RIMLS | $795,000 | ||
| Listed / Active | RIMLS | $795,000 |
Schools
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.
The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org
This land located in Burrillville, RI 02830 is currently pending sale for $795,000. 0 - Lot 7 Walling Rd is a – square foot land with – beds and – baths. This land is in the attendance area of Burrillville High School.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2020 State-Wide Multiple Listing Service. All rights reserved.
Copyright © 2020 Estately, Inc. Data displayed here has not been verified by Estately.