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    1057 Mineral Spg Ave North Providence, RI 02904-4954
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    Property profile & analytics

    1057 Mineral Spg Ave North Providence, RI 02904-4954


    • Showrooms
    • 5,684 SF
    • 0.46 lot acres
    Off-Market
    Last Sale Feb 28, 2025
    Property ID
    US76-0189390
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $900,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 1057 Mineral Spg Ave

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.46 lot acres
    Property size
    5,684 SF
    Zone code
    CV
    Property type
    Showrooms
    APN
    NPRO M:2 L:130
    APU
    NPROM2L130

    Description

    This exceptional 5,700-square-foot retail space presents a prime opportunity in North Providence, Rhode Island. Located on a high-traffic corner lot at the intersection of Route 15 and Route 246, this single-tenant building offers unparalleled visibility and accessibility. Built in 1986, the property boasts a modern, open floor plan, ideal for a variety of uses, including retail, restaurant, medical, or professional office space. The 20,212-square-foot lot ensures ample space and parking. Its strategic location provides easy access to major highways, including Routes 146, 95, and 295, guaranteeing convenient access for customers and employees. The property benefits from its proximity to established businesses such as Walgreens and Cumberland Farms, further enhancing its visibility and attracting potential clientele. The CV zoning allows for diverse commercial applications. The property's APN is 1057MINERALSPRINGAVNPRO, located in Providence County. This is a remarkable opportunity for businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation routes within a thriving business community. The entire 5,700 square feet is currently vacant, ready for immediate occupancy. Don't miss this chance to establish your business in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,120,000
      6.5%
      $1,035,000
      7%
      $960,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $924,000
      Market price range: $612k - $1.17M
      AI Estimate
      $742,000
      Market price range: $333k - $950k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $825,000
      Current use
      OFFICE BUILDING
      $1,090,000
      Change: +32% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    North Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.425
    Latitude
    41.8689
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,968
    $140,400
    $586,300
    $726,700
    -
    $0.00
    $0.00
    $0.00
    More about this property
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