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0 Shermantown Rd, North Kingstown, RI 02874

$1,295,000 Sale Pending

  • For Sale
  • Pending
  • Lots/Land
  • 132.52 Acres
  • Updated 3 days ago
0 Shermantown Rd, North Kingstown, RI 02874View this property at 0 Shermantown Rd, North Kingstown, RI 02874
0 Shermantown RdNorth KingstownRI02874
Property Description
This property is an existing permitted gravel bank on Shermantown Road in North Kingstown. An engineer's report estimated that there are approximately 220,000 cubic yards of gravel remaining in the ridge that was being mined, with an undetermined amount in the unexplored areas of the property. The property consists of three lots, Map 8, Lots 5 & 6, and Map 28, Lot 6. There are 132.5 acres within the three lots, with approximately 96 acres of uplands, and 36.5 acres of wetlands. The wetlands shown are based on aerial photos and other maps, and have not been flagged. Water, gas, and electric utilities are available. The topography is flat in the disturbed areas, and mostly gently sloped in the wooded sections. Possible uses
included continued mining operations, a campground, or a utility scale solar energy facility. A 9 lot single family subdivision, or a 13 unit condominium project would be possible once the gravel reserves are extracted. New home sales would be in the high $500's. Please contact the listing agent with any questions.

Full Property Details for 0 Shermantown Rd

General

  • Price: $1,295,000
  • Taxes: $17,542 (2015)
  • Status: Pending
  • Type: Lots/Land
  • MLS ID: 1133006
  • Updated: 8/13/2018
  • Added: 745 day(s) ago

Location

  • County: Washington
  • Neighborhood: SAUNDERSTOWN
  • Total Lots Available: 3

Utilities

  • Water: Available
  • Utility Description: Cable TV, Electric, Gas, Municipal Water, Telephone
  • Not Onsite: Electric, Gas, Muncipal Water

Structural Information

  • Architectural Style: Residential

Lot Features

  • Lot Size (Acres): 132.52
  • Percent Field: 10
  • Percent Woods: 90
  • Lot Size (Sq. Ft.): 5,772,571
  • Frontage: Blacktop, Municipal
  • Frontage Feet: 1680
  • Topography: Rolling, Wetlands, Wooded
  • Land Status: Approval(s) Needed, Raw Land
  • Best Use: Industrial, Residential Development
  • Potential Lots: 9
  • Zoning: Residential

Financial Considerations

  • Assessment Amount: $908,900
  • Tax Amount: $17,542
  • Tax Year: 2015

Disclosures and Reports

  • Special Conditions: None
  • Documents Avail.: Air Photo, Engineering Study
  • Plat: 8
  • Lot Number: 5, 6

Listed by Keller Williams Realty

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Schools

Schools serving 0 Shermantown Rd

School District:North Kingstown Schools
Score
Name
Grades
Distance
8
25 Salisbury Avenue, North Kingstown, RI 02852
K-5
2.1 mi
9
250 Tower Hill Road, North Kingstown, RI 02852
6-8
3.2 mi
7
150 Fairway Drive, North Kingstown, RI 02852
9-12
2.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 0 Shermantown Rd Get Price Alerts

Date
Details
Price
Change
Source
2/23/2017
Price Reduced
$1,295,000
-21.52%
MLS
8/01/2016
Listed
$1,650,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 0 Shermantown Rd

Listed by Keller Williams Realty

0 Shermantown Rd, North Kingstown, RI 02874 (MLS# 1133006) is a Lots/Land property with a lot size of 132.5200 acres. 0 Shermantown Rd is currently listed for $1,295,000 and was received on August 01, 2016. Want to learn more about 0 Shermantown Rd? Do you have questions about finding other Lots/Land real estate for sale in North Kingstown? You can browse all North Kingstown real estate or contact a Coldwell Banker agent to request more information.