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Property profile & analytics
OFF-MARKET
Investment properties
1496 Broad St, Providence, RI 02905-2810
Entity Owned
8-yr Hold
Free & Clear
Property ID
US76-0006573
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
5,696 SF
Lot
0.1 ac (4,260 SF)
Zoning code
C-2
APN
PROV M:87 L:441
UPID
US76-0006573
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
R & C Wireless Mobile Phone Store Electronics & Wireless Store
-
Z&L Wireless Mobile Phone Store Electronics & Wireless Store
-
Coin Cloud Bitcoin ATM Currency Exchange Service Atm
-
Ocean Fireproofing General Contractor Security Service
-
Cellular World Providence Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fountain Street Partners · 8 yrs held
Fountain Street Partners
since 2017
7 recorded transactions
Zoning & alternative use
C-2 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Providence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$361,900
Assessed 2023
Previous assessed
$361,900
+0.0% YoY
Assessed land
$86,600
Assessed improvement
$275,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
3
Bathrooms
3
Total area
5,696 SF
Lot
0.1 ac (4,260 SF)
Zoning code
C-2
APN
PROV M:87 L:441
UPID
US76-0006573
Jurisdiction
PROVIDENCE
Zoning & alternative use
C-2 · Providence, RI
Zoning C-2 · permitted uses
C-2 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
3
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Fountain Street Partners
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 9192, PROVIDENCE, RI 02940-9192
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2017
$11,748
Fountain Street Partners
Manda Panda Partners LLC
Redemption Deed
—
Dec 1, 2016
$11,052
Fountain Street Partners
Homewood Acres Rigp
Redemption Deed
—
Apr 1, 2015
—
Fountain St Partners LLC
Pnl Newco 2 LLC
Quit Claim Deed
related
—
Apr 1, 2015
$175,000
Pnl Newco 2 LLC
Nguyen Davis
Deed In Lieu Of Foreclosure
related
—
Dec 4, 2014
$14,171
Davis Nguyen
Summit Rlty LLC
Redemption Deed
—
Mar 28, 2003
—
Davis Nguyen
—
Deed Of Trust
related
$225,000 · Interbay Funding LLC
Nov 22, 1989
$205,000
Manuel Martins
Matory,william E
Grant Deed
$160,000 · East Providence Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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