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    105 Vly St Vly St East Providence, RI 02914

    Sponsored
    For Sale
    $1,500,000

    Prime 2.54-acre commercial site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 110,642 square foot commercial land parcel presents a remarkable investment opportunity in the vibrant East Providence Waterfront District. Located at 105-97 Valley Street, East Providence, RI 02914, this level site boasts convenient access to Interstate 195, Waterfront Drive, and the Henderson Bridge, providing seamless connectivity to the East Side of Providence and beyond. Built in 2022, the property offers utilities readily available at the street frontage. Its broad zoning allows for diverse development, including multi-family residential, retail, office, hotel, and restaurant/tavern uses. The site's phenomenal location offers proximity to Downtown Providence, Rhode Island Hospital Complex, Brown University, RISD, and the thriving East Side, placing it squarely within the heart of the East Providence Waterfront Redevelopment District. Overlooking the Seekonk River and the East Side of Providence, this property presents unparalleled potential for a variety of development projects. The asking price is $1,500,000. This single-unit property offers a unique chance to capitalize on the area's growth and development. The expansive lot size provides ample space for a large-scale project.

    Property Features for 105 Vly St Vly St

    General Information

    Property type
    Hotels

    Building Details

    Year Built
    2022
    Units
    1

    HighLights

    • 110,642 SF level commercial lot in East Providence, RI's Waterfront District.
    • Located at 105‑97 Valley Street, with easy access to I‑195, Waterfront Drive, and the Henderson Bridge.
    • Utilities available at street; 2022 construction.
    • Broad zoning allows for multi‑family, retail, office, hotel, and restaurant development.
    • $1,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    East Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3812193
    Latitude
    41.8210185

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    FAQs

    What type of property is this?
    Hotel - Prime 2.54-acre commercial site.
    Where is this hotel located?
    The property is located at 105 Vly St Vly St East Providence, RI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 110,642 SF level commercial lot in East Providence, RI's Waterfront District.; Located at 105-97 Valley Street, with easy access to I-195, Waterfront Drive, and the Henderson Bridge.; Utilities available at street; 2022 construction.
    Request Owner's contact information
    105 Vly St Vly St East Providence, RI 02914
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    East Providence, RI 02914
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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
    105 Vly St Vly St East Providence, RI 02914
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