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- LoopNet Team
25 Olivers Way
Westerly, RI 02891
Hickory Knoll Estates · Land For Sale
·
11.68 AC
INVESTMENT HIGHLIGHTS
- Previously approved project. The lots are recorded, just needs engineering updated.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 11.68 AC |
| Zoning | MDR-30 - Vacant - Residential Land | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 11.68 AC |
| Zoning | MDR-30 - Vacant - Residential Land |
DESCRIPTION
Hickory Knoll Estates, an 11 lot subdivision, is for sale in Westerly! This subdivision was approved and the the lots were recorded in 2007, but the road was never built (see attached plans). The lots range in size from 0.71 acres to 1.97 acres. 10 of the lots have frontage on the undeveloped road, and one lot has frontage on Old Post Road. The engineer estimates that it will cost $40,000 to update the storm water permit, perform new soil tests, and create individual plot plans for the 11 lots. Buyer is responsible for updating the permits. This is a great opportunity for a developer who doesn't want to start from scratch with raw land. Buyer to grant seller a temporary access easement until the road is complete.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $545,700 | Total Assessment | $545,700 |
PROPERTY TAXES
