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    85 Ledge St Providence, RI 02904

    For Sale
    $199,000

    LAND - Providence, RI

    Lot size:
    0.08 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 85 Ledge St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent David Cherry (401) 641-1879

    Listing date Oct 28, 2025

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Providence Vacant Lot For Sale

    This vacant lot, located at 85 Ledge Street in Providence, presents a development opportunity. Zoned R-3, the parcel is situated in an accessible and rapidly developing neighborhood. The seller intends to complete a survey prior to closing, with an anticipated lot line adjustment of approximately 5 feet. The lot is currently estimated at approximately 3,350 square feet, subject to adjustment. The zoning allows for multifamily, townhouse, or single-family development, subject to city approval. City water, sewer, gas, and electric utilities are located nearby. The location provides convenient access to downtown Providence, commuter routes 95 and 146, local parks, restaurants, and shopping. This property offers a combination of location, zoning, and potential in a market with limited developable land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.417474
    Latitude
    41.853855

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    FAQs

    What type of property is this?
    Land - R-3 zoned vacant lot in developing Providence neighborhood.
    Where is this land located?
    The property is located at 85 Ledge St Providence, RI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Prime location minutes from downtown Providence, commuter routes (95 & 146), parks, restaurants, and shopping.; - R-3 zoning allows for multifamily, townhouse, or single-family development (subject to city approval).; - Rare opportunity to build in a rapidly developing neighborhood with increasingly scarce developable land.
    (401) 641-1879
    Request Owner's contact information
    85 Ledge St Providence, RI 02904
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    Providence, RI 02904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    85 Ledge St Providence, RI 02904
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