FOR SALE: Prime 13-Acre Residential Development Opportunity – Approved for 66 Luxury Condo Units in Highly Desired North Smithfield, RI
Unlock an Exceptional Development Venture in a Coveted Rhode Island Locale!
Seize a rare and lucrative opportunity to acquire 13 pristine acres in the heart of North Smithfield, Rhode Island, boasting all necessary approvals IN PLACE for 66 upscale condominium units. This shovel-ready project offers an unparalleled chance to capitalize on North Smithfield's booming real estate market, where comparable condo sales are currently commanding prices in the $489,000 to $589,000 range!
The Vision: 66 Exquisite Condo Units Awaiting Development
Imagine a thoughtfully designed community nestled amidst the natural beauty of North Smithfield. With approvals secured, your development can seamlessly transition from concept to reality, delivering highly desirable residences to a discerning buyer pool. The current market demand for quality housing in this area ensures a strong return on investment.
Why North Smithfield, RI? The Epitome of Desirability
North Smithfield offers an extraordinary blend of serene country living with unparalleled accessibility to all that Rhode Island has to offer. Residents enjoy:
Highly Coveted "Country Feel": Despite its convenience, North Smithfield retains a charming, picturesque rural ambiance. Rolling landscapes, mature trees, and a slower pace of life provide a tranquil escape from the urban hustle. Imagine residents enjoying peaceful strolls, outdoor recreation, and a true sense of community, all within their own backyard.
Exceptional School District: Families are drawn to North Smithfield for its highly regarded public school system. The North Smithfield School District is known for its dedicated educators, strong academic programs, and a commitment to student success. This is a significant draw for potential buyers looking to establish roots and provide their children with a quality education.
Strategic Location with Unrivaled Accessibility: While offering a country feel, North Smithfield is anything but isolated. Its prime location provides quick and easy access to major roadways, allowing for effortless commutes to:
Providence, RI (approximately 25-30 minutes)
Worcester, MA (approximately 30-35 minutes)
Boston, MA (approximately 1 hour)
Beautiful Rhode Island beaches (45-60 minutes)
Charming New England towns and attractions
Shopping, dining, entertainment, and employment centers
The Land: 13 Acres of Opportunity
This expansive 13-acre parcel provides ample space for a well-planned and aesthetically pleasing development. The land is ready for construction, saving you valuable time and resources in the permitting process. Imagine a community designed with ample green space, walking paths, and a layout that maximizes privacy and natural beauty for each unit.
Investment Highlights:
13 Acres: Generous land parcel for a substantial development.
66 Approved Condo Units: All permitting and approvals are in place, significantly reducing development timelines and risk.
High Demand Market: Condo sales in the area are consistently strong, with units selling in the $489,000 - $589,000 range.
Exceptional Location: North Smithfield offers a desirable lifestyle, top-tier schools, and excellent accessibility.
Shovel-Ready Project: Ready for immediate construction, accelerating your path to profitability.
Don't miss this truly exceptional opportunity to shape the future of residential living in one of Rhode Island's most sought-after communities.
Contact us today to receive the full due diligence package, including all approvals, plans, and detailed financial projections.
This is more than just land; it's the foundation for your next highly successful development.
