161-163 Dudley St Providence, RI 02905
This exceptional 3,410 square foot commercial and industrial land parcel, located at 161-163 Dudley Street in Providence, Rhode Island, presents a unique investment opportunity. Zoned I-1-200, this property offers significant potential for a variety of uses. The lot is conveniently situated in Providence County, zip code 02905, and boasts a prime location adjacent to Rhode Island Hospital's parking lot, ensuring high visibility and accessibility. The paved lot is ready for immediate development or use, eliminating the need for extensive site preparation. This makes it an ideal location for businesses seeking a strategic foothold in a bustling urban area. The asking price for this exceptional property is $249,000. Annual property taxes are $9,204. Given its size, zoning, and location, this property represents a compelling investment prospect for developers and entrepreneurs alike. The property's convenient location near Rhode Island Hospital offers significant advantages in terms of foot traffic and proximity to a major medical center. Serious inquiries are encouraged to explore the possibilities this valuable land parcel offers. The coordinates for this property are latitude 41.8102417 and longitude -71.4135397.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.