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Property profile

161-163 Dudley St Providence, RI 02905

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

161-163 Dudley St Providence, RI 02905
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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