Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1059 Broad St Providence, RI 02905-1615

    • Investment properties
    • 4,793 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US76-0093119
    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.

    Current Use by Public Records

    • M & T Supermarket / Grocery Store

    Property Details for 1059 Broad St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    4,793 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PROV M:53 L:379
    APU
    PROVM53L379

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $300,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $260,000
      Mixed-Use
      $315,000
      Hospitality
      $250,000
      Educational
      $270,000
      Residential Income
      $310,000
      Energy
      $255,000
      Income-Based Land
      $265,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4123
    Latitude
    41.796
    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
    2023
    $0.00
    $84,300
    $204,100
    $288,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      740 SF

      50 Aldrich St

      OFFICE/RESIDENTIAL (MIXED USE) • 740 SF
      50 Aldrich St, Providence, RI 02905-1503
      View Details
    • Value Estimation by Request
      2,122 SF

      512 Pr Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,122 SF
      512 Pr Ave, Providence, RI 02905-1760
      View Details
    • Value Estimation by Request
      2,659 SF

      304 Pr Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,659 SF
      304 Pr Ave, Providence, RI 02905-2352
      View Details
    • Value Estimation
      $310,000
      3,631 SF

      1033 Narragansett Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,631 SF
      1033 Narragansett Blvd, Cranston, RI 02905-4225
      View Details
    • Value Estimation
      $330,000
      0.13 Acres

      1032 Narragansett Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.13 Acres
      1032 Narragansett Blvd, Cranston, RI 02905-4228
      View Details
    • Value Estimation
      $390,000
      7,418 SF

      964 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,418 SF
      964 Broad St, Providence, RI 02905-1761
      View Details

    Similar Nearby for Sale

    • $1,350,000

      Providence Commercial Investment Opportunity

      Five-unit commercial building in high-visibility Providence location.
      1425 Broad St, Providence, RI 02905
      View Details
    • $850,000
      5,772 SF

      Providence Multifamily Investment Opportunity

      Three legal units with a finished fourth floor. Investment property.
      171 Reynolds Ave, Providence, RI 02905
      View Details
    • $7,299,000

      Providence Industrial Portfolio: 5 Buildings

      Prime RI location, 130K+ SF, mixed-use potential.
      735 Allens Ave, Providence, RI 02905
      View Details
    • $1,200,000
      0.27 Acres

      Cranston Mixed-Use Development Opportunity

      Commercially zoned lot in Edgewood neighborhood with development potential.
      19 Warwick Ave, Providence, RI 02905
      View Details
    • $575,000
      2,678 SF

      Prime Providence Mixed-Use Property

      $575K, 2 Units, High Potential
      824 Broad St, Providence, RI 02905
      View Details
    • $599,000
      4,110 SF

      Mixed-Use Investment Opportunity in Cranston

      Four-unit mixed-use property with income potential in a prime location.
      189 Smith St, Providence, RI 02905
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      21,880 SF

      Providence Industrial Space For Lease

      Single-level manufacturing space; ideal location.
      12 Lehigh St, Providence, RI 02905
      View Details
    • $6 SF/Yr
      98,225 SF

      Cranston Industrial Space Available

      98,225 SF Manufacturing/Distribution Space
      180 Ml St, Cranston, RI 02905
      View Details
    • $20 SF/Yr
      66,242 SF

      Providence Creative Office Space

      Prime location, renovated mill building, 7,708 SF available.
      134 Thurbers Ave, Providence, RI 02905
      View Details
    • $15 SF/Yr
      14,822 SF

      Providence Manufacturing Space For Lease

      14,822 SF Manufacturing Building, RI
      253 Georgia Ave, Providence, RI 02905
      View Details
    • Contact for pricing
      51,000 SF

      Eddy Street Commercial Space

      Located near hospitals, flexible floor plates, suitable for various uses.
      226 Public St, Providence, RI 02905
      View Details
    • Contact for pricing
      2,600 SF

      Medical Suite Available for Rent

      2600 square foot medical suite with ample parking.
      118 Dudley St, Providence, RI 02905
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1059 Broad St
    Providence, RI 02905-1615
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.