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Financial
Distress signals
Property profile

50 Waterman Ave North Providence, RI 02911

FOR SALE
Other industrial properties
Property ID
US76-0177817
9,232 SF 0.32 ac lot Built 1940
Last sale Jun 2021 · $8,568
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a vacant warehouse featuring an adaptable, largely open interior layout designed to support a range of commercial and logistics uses. It includes more than one workable area, allowing internal configuration and customization to match operational flow. The building has ground-level loading access via a loading door that supports shipping and receiving and provides direct truck access. It is located in a busy area with strong roadway access, and the site provides visibility appropriate for businesses requiring convenient customer or delivery access.

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$7k
Tax billed · 2024
Assessed value$284k
Assessed land$102k
Assessed improvement$181k
Effective rate2.34%

Value estimate

· Oct 2026
$335k
$302k – $369k

Realmo valuation models over county records and 8 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 comparables8

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?
CV
CV - Commercial Village Zone -. This district is established to recognize that certain areas of town are characterized by smaller commerc...
General categoryCOMMERCIAL
JurisdictionNORTH PROVIDENCE

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 Office16.0
Realty agency14.3
Parking Facility10.8

Location

50 Waterman Ave North Providence, RI 02911
County assessor Recorded deeds · 4 transfers 8 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9 Warren, North Providence, RI 02911-2425 $375,000 May 2020 4,320 SF
2 Tag, North Providence, RI 02911-7112 $140,000 Feb 2020 4,180 SF
3 Tag, North Providence, RI 02911-3129 $550,000 Jun 2019 13,240 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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