$1,200,000 at a 7% CAP | 14 Cedar Swamp Rd
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$1,200,000 at a 7% CAP 14 Cedar Swamp Rd
6,090 SF 100% Leased Office Building Smithfield, RI 02917 $1,200,000 ($197/SF) 6.42% Cap Rate
Executive Summary
5-Unit Retail Building on busy Cedar Swamp Road in Smithfield. Fully rented, excellent condition, attractive tenant mix.
Parking, Off-Street
Clear Signage
Perfect for owner/user or investor.
Parking, Off-Street
Clear Signage
Perfect for owner/user or investor.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,090 SF
Building Class
C
Year Built
1979
Price
$1,200,000
Price Per SF
$197
Cap Rate
6.42%
NOI
$77,040
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,177 SF
Building FAR
0.14
Lot Size
1.00 AC
Zoning
PD
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PROPERTY TAXES
Parcel Number | SMIT-000043-000000-000104 | Improvements Assessment | $414,600 |
Land Assessment | $296,400 | Total Assessment | $711,000 |
PROPERTY TAXES
Parcel Number
SMIT-000043-000000-000104
Land Assessment
$296,400
Improvements Assessment
$414,600
Total Assessment
$711,000
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$1,200,000 at a 7% CAP | 14 Cedar Swamp Rd
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