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- LoopNet Team
0 W Main Rd
Middletown, RI 02842
Old Farm Commons · Land For Sale
·
71.19 AC
INVESTMENT HIGHLIGHTS
- 70+ acres ready for site development
- Superior water views
- Situated on Route 114 with Heavy Traffic
PROPERTY FACTS
DESCRIPTION
Over 70 acres ready for site development. Situated on Route 114 (West Main Road), directly enroute to downtown Newport, waterfront and historic mansions. There is a traffic light and planned turnoff lane into Old Farm Commons. In addition to having wonderful water views of Narragansett Bay and Wanumetonomy Golf Course, in the immediate vicinity there are apartments, offices, VA, and defense contractors. Also in close proximity are US Naval Base Newport and Access Road, Courtyard by Marriott, Stop & Shop, GNC, Barnes & Noble, Michaels, McDonalds, Cardi’s Furniture, BMW of Newport, Travelodge by Wyndham, Aldi, Staples, Home Depot and Newport State Airport. There will be a walking path leading from the Commons to the abutting buildings. Also, existing agricultural acreage with walking paths (west of the Golf Course) will be maintained. This location would bring in not only intentional customers from the Island locale and other areas of Newport County, but walk-in traffic as well. Various future development conceptual plans are available upon request.
PROPERTY TAXES
| Parcel Number | MIDD-000106-000000-000055 | Improvements Assessment | $129,100 |
| Land Assessment | $1,031,400 | Total Assessment | $1,160,500 |
PROPERTY TAXES
