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    115 Tripps Ln East Providence, RI 02915
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    Property profile & analytics

    115 Tripps Ln, East Providence, RI 02915

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    • Industrial properties
    • 225,458 SF
    • 24.95 lot acres
    East Providence Office Building For Sale For Sale
    $15,065,000
    209,927 SF

    East Providence Office Building For Sale

    209,927 SF commercial office building in East Providence, RI.

    115 Tripps Lane, East Providence, RI 2915
    View Listing
    Property ID
    US76-0093072
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 115 Tripps Ln

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    24.95 lot acres
    Zone code
    I1
    Property type
    Industrial properties
    APN
    EPRO M:409 B:09 L:021 U:
    APU
    EPROM409B09L021U

    Description

    This exceptional East Providence, Rhode Island commercial property presents a significant investment opportunity. The single-story, 209,927-square-foot building sits on a substantial 24.95-acre lot and boasts a prime location with easy access to Route 114 and the East Shore Expressway, placing it within a short commute of Providence (5 miles) and Boston (55 miles). The property features a mix of office space (129,160 sq ft), data center space (63,789 sq ft), and cafeteria space (11,176 sq ft), making it suitable for a variety of uses. Ample parking is provided with 849 spaces (4.04 per 1,000 sq ft). Built in 1979, the structure is of steel construction with a poured concrete slab foundation, flat roof, and thermal windows. The building includes multiple loading docks, a 100% dry sprinkler system, and four Caterpillar generators (700kw, 1000kw, 1250kw, and 2000kw). The property is zoned I1 Limited Manufacturing. Furniture, fixtures, and equipment may be available. This well-maintained property offers a rare combination of size, location, and amenities, presenting a compelling opportunity for a discerning buyer.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $19,610,000
      6.5%
      $18,100,000
      7%
      $16,810,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $13,463,000
      Market price range: $5.40M - $13.6M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $18,700,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.358
    Latitude
    41.7899
    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
    $405,226
    $6,099,000
    $10,841,900
    $16,940,900
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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