Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

56 Riv Ave Providence, RI 02908

OFF-MARKET
Other industrial properties
Property ID
US76-0410111
1,116 SF 0.08 ac lot Built 1981
Last sale Aug 2024 · $4,707
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 56–60 River Ave in Providence is sited on a 7,220 sq. ft. lot and is zoned M1. It features an existing solid concrete and masonry structure that may be suitable for renovation, expansion, or conversion into multi-unit residential use, warehouse, or other industrial/commercial-oriented configurations consistent with the zoning. Public water and sewer services are available, and the site provides more than 13 on-site parking spaces. The project has been transitioning toward…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$99k
Assessed land$46k
Assessed improvement$53k
Effective rate3.51%

Value estimate

· Oct 2026
$190k
$171k – $209k
AI approach$190k

Realmo valuation models over county records and 6 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 comparables6

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-MU-7
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.1
HVAC Service11.1
Pet Grooming Service8.9

Location

56 Riv Ave Providence, RI 02908
County assessor Recorded deeds · 17 transfers 6 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
21 Clf, Providence, RI 02908-5306 $110,000 Jan 2026 3,081 SF
60 Riv, Providence, RI 02908-5422 $190,000 Aug 2024 1,848 SF
41 Rathbone, Providence, RI 02908 $245,000 Jun 2022 2,800 SF
35 Boyd, Providence, RI 02908 $350,000 Mar 2022 988 SF
15 Clf, Providence, RI 02908-5306 $205,000 Nov 2020 2,356 SF
11 Dorr, Providence, RI 02908-5310 $60,000 Nov 2018 1,508 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 56 Riv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again