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- MLS#1191626
- TypePending
- CountyPROVIDENCE
- CityBurrillville
- AreaBurrillville
- NeighborhoodNasonville
- Zip02830
- StyleResidential
- Taxes6000
- Price$ 795,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size40.29 Acres
Listing Provided Courtesy Of:
Poole Premiere Properties, Inc
Property Description
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.
Price History | |
---|---|
5/14/2018 | Listed $795,000 |
General Features
Business Type | Residential |
---|---|
Community Features | Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Street Lights |
Development Status | Raw Land |
Possible Use | Development, Residential |
Property SubType | Residential |
Property Type | Land |
Sewer | Sanitary, Storm Sewer |
Subdivision Name | Nasonville |
Terms | Owner May Carry |
Topography | Rolling |
Utilities | Cable Available, Electricity Available, Municipal Utilities, Phone Available, Water Connected |
Zoning | VCVPD |
Zoning Description | Residential |
Exterior Features
Frontage Length | 2900 |
---|---|
Lot Features | Wooded, Rolling Slope |
Lot Size Acres | 40.29 |
Lot Size Area | 1755032.4 |
Lot Size Square Feet | 1755032 |
Road Frontage Type | City Street, State Road |
Road Surface Type | Asphalt |
Water Source | Not Connected |
Wooded Area | 80 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool