Date
Details
Price
Change
Source
8/30/2026
Listed
$5,758,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
$5,758,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
Property Description
Attention investors/developers: Be part of Rhode Island's next hottest area for development!! Pad ready - with Master plan approval for 42 residential units and 18,000 ft. retail. Prime location, high traffic visibility, on the corner of George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate, there are many uses possible. Opportunity for a combined purchase w/abutting property 230 George Washington Highway, totaling 6+ acres. Call for details. 250 George Washington Highway Residential Land Value 52 residential units $75,000 per unit = $3,900,000 Retail Land Value 18,000 sq. ft. $45 per sq. ft. = $810,000 gross annual rent Less 15% vacancy = $688,500 effective gross income Less 10% operating expenses = $619,650 NOI Retail land value: 3 years of NOI = $1,858,950 Proposed Land Value/Sale Price $3,900,000 residential value $1,858,950 retail value = $5,758,950
Full Property Details
Full Property Details for 250 George Washington Hwy
General
- Price: $5,758,000
- Taxes: $8,690 (2023)
- Status: Active
- Type: Lots/Land
- Source: STWMLS
- MLS ID: 1421921
- Updated: 8/30/2026
- Added to Site: 7 day(s) ago
Business
- Business Type: Residential
Location
- County: Providence
- Near Highway: Yes
Utilities
- Sewer: Sanitary
- Water: Connected, Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 0
Lot Features
- Lot Size (Acres): 3.6878
- Lot Size (Sq. Ft.): 160,639
- Lot Size: 160639
- Frontage: City Street, State Road, Asphalt
- Street Lights: Yes
- Topography: Level
- Lot Features: Level, Wooded, Wetlands
- Development Status: Other
- Trees/Vegetation: Wooded
- Zoning: Condominium, Multi-Family, Residential
Financial Considerations
- Tax Amount: $8,690
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Environmental Study, Site Plan, Survey, Topographical Survey, Water/Well Report
- Property ID: 250GEORGEWASHINGTONHWYSMTH
- Lot Number: 379
Listed by Balletto Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 250 George Washington Hwy —
Balletto Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 250 George Washington Hwy
School District:Smithfield School District
| Name | Grades | Distance |
|---|---|---|
Raymond Laperche School 11 Limerock Road, Smithfield, RI 02917 | K-5 | 1.5 mi |
Vincent J. Gallagher Middle School 10 Indian Run Trail, Smithfield, RI 02917 | 6-8 | 2.6 mi |
Smithfield High School 90 Pleasant View Avenue, Smithfield, RI 02917 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 250 George Washington Hwy
Tax History
Tax History for 250 George Washington Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,879
-14%
$635,900
40%
2024
$9,147
5%
$452,600
—
2023
$8,690
3%
$452,600
—
2022
$8,464
—
$452,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 250 George Washington Hwy
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 1,952Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,780Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 2Total Baths
- 1,929Sq. Ft.
- Single Family
- Active
- Updated 22 hours ago
- 2Beds
- 2Total Baths
- 924Sq. Ft.
Listed by David Boisvert (401) 533-2976
- Multi-Family
- Active
- Updated 2 days ago
- 3Units
- 8Total Beds
- 0.13Acres
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,250Sq. Ft.
250 George Washington Highway, Smithfield, RI 02917 (MLS# 1421921) is a Lots/Land property with a lot size of 3.6878 acres. 250 George Washington Highway is currently listed for $5,758,000 and was received on August 30, 2026. Want to learn more about 250 George Washington Highway? Do you have questions about finding other Lots/Land real estate for sale in Smithfield? You can browse all Smithfield real estate or contact a Coldwell Banker agent to request more information.