Financial
Distress signals
Property profile

1515 Smith St J North Providence, RI 02911

FOR LEASE
Other commercial real estate
Property ID
US76-0081407
987 SF Built 1974
Last sale Jun 2021 · $122,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a professional office suite located at 1515 Smith Street, Unit J, in North Providence, within a 984-square-foot interior layout. The suite includes two private offices of approximately 114 square feet and 90 square feet, along with a shared reception area, two conference rooms, and a kitchenette with coffee service and seating. The building provides ADA-compliant access and a security system, and the suite is configured with shared amenities suitable for office use. The property

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$122k
Assessed improvement$122k
Effective rate2.34%

Value estimate

· Sep 2026
$145k
$131k – $160k
AI approach$170k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 1,271.90% cap applied$13k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$90 – $175
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,271.90%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORTH PROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Building Supply12.3
Skin Care Clinic10.9

Location

1515 Smith St, Unit J North Providence, RI 02911
County assessor Recorded deeds · 10 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2036 Smith, North Providence, RI 02911-1785 $300,000 Feb 2024 1,710 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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