Financial
Distress signals
Property profile

160 Narragansett Ave Providence, RI 02907

OFF-MARKET
Other industrial properties
Property ID
US76-0220683
12,465 SF 0.52 ac lot Built 1945
Last sale Oct 2023 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is an office building in Providence, Rhode Island, totaling approximately 11,200 square feet and situated on a 0.5-acre lot. The property is zoned MU.

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 · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$551k
Assessed land$198k
Assessed improvement$353k
Effective rate3.51%

Value estimate

· Sep 2026
$850k
$765k – $935k
AI approach$870k
Sales comparison$1.35M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$102/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$57 – $153
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-1
The M-1 Light Industrial District is intended for light industrial and office park uses that accommodate a variety of manufacturing, asse...
General categoryINDUSTRIAL
JurisdictionPROVIDENCE

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 agency40.6
Dental Office24.8
Parking Facility17.2

Location

160 Narragansett Ave Providence, RI 02907-3367
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
820 Elmwood, Providence, RI 02907-7700 $1,400,000 Aug 2024 17,696 SF
90 Narragansett, Providence, RI 02907-3358 $550,000 Oct 2023 14,804 SF
355 Dexter, Providence, RI 02907-2844 $20,000 Oct 2023 9,492 SF
29 Ninigret, Providence, RI 02907 $657,500 Oct 2022 10,640 SF
279 Dexter, Providence, RI 02907-2750 $80,000 Aug 2020 4,727 SF
472 Potters, Providence, RI 02907-1681 $158,000 Dec 2018 21,494 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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