Financial
Distress signals
Property profile

115 Tripps Ln Riverside, RI 02915

OFF-MARKET
Other industrial properties
Property ID
US76-0093072
225,458 SF 24.95 ac lot Built 1979
Last sale May 2019 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 single-story facility totaling 209,927 square feet on 24.95 acres in East Providence, Rhode Island. The building includes 129,160 square feet of office space, 63,789 square feet of data center space, and an 11,176 square foot cafeteria. It is served by multiple loading docks and provides parking for 849 vehicles, which is approximately 4.04 cars per 1,000 square feet of leased space.

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?
$405k
Tax billed · 2024
Assessed value$16.94M
Assessed land$6.10M
Assessed improvement$10.84M
Effective rate2.39%

Value estimate

· Sep 2026
$15.07M
$13.56M – $16.57M
CAP approach$18.10M
Sales comparison$13.46M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122

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?
I1
JurisdictionEAST 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 agency11.7
Hair Salon11.6
Law Firm10.9

Location

115 Tripps Ln Riverside, RI 02915
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
370 Wampanoag, Riverside, RI 02915-2220 $3,000,000 Feb 2026 15,402 SF
199 Amaral, Riverside, RI 02915-2221 $5,395,000 May 2025 67,817 SF
10 Tripps, Riverside, RI 02915-3014 $140,000 Mar 2023 65,911 SF
75 Tripps, Riverside, RI 02915-3013 $1,410,900 Jun 2022 35,780 SF
5 Industrial, Riverside, RI 02915-5205 $975,000 Feb 2021 19,571 SF
4 Industrial, Riverside, RI 02915-5206 $500,000 Mar 2019 13,990 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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