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Back 4th Avenue
Off Market

4th Avenue

Woonsocket RI 02895

16182 sq. ft.
Land
Last sold for $420,000
The DiSpirito TeamThe DiSpirito Team, last sold this property on 20 October 2025 after 413 days on market.

Overview

EASY APPROVALS & DEVELOPMENT OPPORTUNITY!!! Prime investment opportunity in the heart of Woonsocket! This vacant lot, currently utilized as a parking area, is ready for transformation into a lucrative 15-unit, 1-bedroom apartment or condominium complex. The lot is perfectly proportioned to accommodate 15 parking spaces, ensuring convenience for future residents. Located right next to the newly developed America First Luxury Apartments, which has already leased several of its 32 units at an impressive average rent of $2,100 per unit, this site presents a golden opportunity to tap into a proven and flourishing rental market. Capitalize on the neighboring developer's hard work and leverage this prime spot in an up-and-coming area. The surrounding community is thriving, with seamless access to major highways, including Route 146 and I-295, offering quick connections to both Providence, RI, and Worcester, MA, as well as the broader region. Woonsocket's proximity to the Massachusetts border makes it an ideal location for attracting tenants who work in both Rhode Island and Massachusetts. The area offers a variety of shopping, dining, and recreational options, making it an appealing choice for residents. Investors and developers seize this chance to build in a rapidly growing community with strong rental demand. This property is a blank canvas ready for your vision don't miss out on this exceptional development potential!

Features

16182 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Woonsocket over the last 12 months, the estimated median property value of 4th Avenue is $100k.

Median value
$100k
Estimated value range
$75k - $420k
Median days on market
86
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Woonsocket. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4th Avenue

2025
Sold
$420,000
20 Oct 2025 by The DiSpirito Team, of Engel & Volkers

Happy sellers in Woonsocket

87%
87% of sellers in Woonsocket reported that their sale price either exceeded or met their price expectations.

Woonsocket stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Woonsocket over the last 12 months.

Local market activity for land plots in Woonsocket

In the last 12 months, 4 land plots similar to 4th Avenue, have been sold.

This represents a 17% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Woonsocket

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Stacy Corrigan

Sellers who recommend Stacy Corrigan have praised them for being local expert

  •   5   (10 reviews)
  •  2 Reviews in Woonsocket
  •  6 Sales in Woonsocket
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Suzanne Gelven

Sellers who recommend Suzanne Gelven have praised them for being responsive, local expert, clear communication, patient, supportive, well-prepared, and friendly

  •   5   (121 reviews)
  •  1 Review in Woonsocket
  •  1 Sale in Woonsocket
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Mariana Novo

Mariana Novo is a recommended agent for Woonsocket.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Woonsocket
  •  1 Sale in Woonsocket
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Donna Fagnant

Donna Fagnant is a recommended agent for Woonsocket.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Woonsocket
  •  1 Sale in Woonsocket
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