Kingstown Road: Lot 126

UNDER CONTRACT


Property Description

Located near the intersection of Curtis Corner and Saugatucket, two adjacent lots are now available for sale on Kingston Road, in South Kingstown RI. These lots are located between the University of Rhode Island and Curtis Corner. The zoning for both lots is mixed use, with development potential. This is a great opportunity to build in a high traffic area. Enjoy the visibility of more than 11,900 cars per day. Lot 125: 1.16 acres : $250,000 (UNDER CONTRACT) Lot 126: 1.02 acres: $227,000

Property Details

Address: Plat 40-1, Lot: 125 + Lot: 126, South Kingstown, RI
Environmental: Rear of each lot has some flagged wetlands (see attached)
Sewer: Public Sewer on street- Impact fee of $1860 per lot- can increase depending on use
Water: Public Water on street- Suez Water
Assessment: Lot 125- $177,700. Lot 126- $174,600
Taxes: Lot 125- $2,567 /yr Lot 126- $2,522 /yr. 2019/2020 tax rate *additional fire district taxes
Number of Units: If lots are combined up to 12 residential units are possible- Check zoning for details
Traffic Counter: 11,900 per day
Road: State Road- Effects permits
Frontage: Lot 125- 170'. Lot 126- 78'
Zoning: MU- MULTI USE. - See use tables below
Virtual PDFs:
https://kirbyprop.com/site/wp-content/uploads/2017/04/Arial.pdf https://kirbyprop.com/site/wp-content/uploads/2017/04/Maps.pdf https://kirbyprop.com/site/wp-content/uploads/2017/04/Legal-Description.pdf https://kirbyprop.com/site/wp-content/uploads/2017/04/Vision-Appraisal-1.pdf https://kirbyprop.com/site/wp-content/uploads/2017/04/Zoning-1.pdf https://kirbyprop.com/site/wp-content/uploads/2017/04/Water-Hook-up.pdf

Plat 40-1, Lot: 125 + Lot: 126, South Kingstown, RI,




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