Listing Agency: Smith and Oak Real Estate Co.

Listed By: Trinity Greene · License #RES.0050043 Show Phone

Source: Teridegnan

Added: Feb 4 Changed: Oct 4 Last Checked: Oct 5 at 8:52PM

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Investment Insights

Based on property information with market context.

This property presents a prime development opportunity in Providence. The parcel is zoned R-3 and has a pending subdivision approval for 8 units. Investors and developers may find this to be a noteworthy opportunity. The sellers are motivated.

Key Highlights

• R‑3 Zoned Parcel: Ideal for multi‑unit development.
• Pending Subdivision Approval: Streamlines development for 8 units.
• Development Opportunity: Perfect for investors and developers.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Locksmith Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

651

Businesses Nearby

Explore this area Business Placement

Demographics for 02909, RI

46,119

Population

18,602

Households

2.5

Avg Household Size

31

Median Age

24%

College-Educated

80%

High-School Grad

3.1 sq mi

ZIP Area

14,877

Density / Sq Mi

$63,950

Median Household Income

$37,090

Median Earnings

$1,258

Median Rent

$283,800

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - R-3 zoned parcel with pending subdivision approval for 8 units.

Where is this residential land & home lot located?

The property is located at 54 Ada Street Providence, RI.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: R‑3 Zoned Parcel: Ideal for multi‑unit development.; Pending Subdivision Approval: Streamlines development for 8 units.; Development Opportunity: Perfect for investors and developers.