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60 Montebello Rd 2.42 Acres of Commercial Land Offered at $2,750,000 in Warwick, RI 02886
Investment Highlights
- Ideal site for multifamily or hospitality development.
- Shovel-ready site.
- Prime location across from the airport.
Executive Summary
Prime land across from TF Green Airport, located in Intermodal District. Approximately 2.4 acres. This site is fully entitled, complete architectural and engineering, and permitted for a Marriott Residence Inn (with reimbursement above purchase price for out of pocket costs of drawings, franchise, and entitlement costs). Alternatively this is prime land for a multifamily development, etc.
Property Facts
| Price | $2,750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.42 AC |
| Property Type | Land | ||
| Zoning | LI - Intermodal zoning. | ||
| Price | $2,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.42 AC |
| Zoning | LI - Intermodal zoning. |
1 Lot Available
Lot
| Price | $2,750,000 | Lot Size | 2.42 AC |
| Price Per AC | $1,136,363.64 |
| Price | $2,750,000 |
| Price Per AC | $1,136,363.64 |
| Lot Size | 2.42 AC |
2.42 acre shovel-ready site situated across from the airport.
Description
2.42 acre shovel-ready site situated in Warwick across from TF Green Airport.
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WARW-000323-000319-000000 | Improvements Assessment | $0 |
| Land Assessment | $416,000 | Total Assessment | $416,000 |
Property Taxes
Parcel Number
WARW-000323-000319-000000
Land Assessment
$416,000
Improvements Assessment
$0
Total Assessment
$416,000
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60 Montebello Rd
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