Burrillville, RI 02830,0 Walling RD
Burrillville, RI 02830,0 Walling RD
Burrillville, RI 02830,0 Walling RD
15
$635,000
$795,000
20.1%
Est.Price: ?

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40.29 Acres Lot

0 Walling RD Burrillville, RI 02830

Est. payment /mo
SOLD DATE : 03/08/2023

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Key Details

Sold Price $635,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Nasonville

MLS Listing ID 1191626

Sold Date 03/08/23

HOA Y/N No

Annual Tax Amount $6,000

Tax Year 2017

Lot Size 40.290 Acres

Acres 40.29

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.

Location

State RI

County Providence

Community Nasonville

Zoning VCVPD

Exterior

Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, High Traffic Location, Street Lights

Utilities Available Cable Available, Electricity Available, Municipal Utilities, Phone Available, Water Connected, Water Available

Topography Rolling

Street Surface Asphalt

Building

Lot Description Wooded, Rolling Slope

Sewer Sanitary, Storm Sewer

Water Public

New Construction No

Others

Tax ID 0Lot7WALLINGRDBURR

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Financing Cash

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Listed by Premiere Properties, Inc
Bought with Premiere Properties, Inc

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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