Property summary
This exceptional 1,200 sq ft commercial property at 15 Patt Avenue, Cumberland, RI, presents a unique investment opportunity. Currently operating as a meticulously maintained auto repair facility, this property boasts a fully equipped garage complete with a lift, pit, and storage loft. The building also includes a heated workspace and a separate 1,000 sq ft concrete block garage ideal for additional storage. The property's versatility allows for continued use as an auto repair shop or… adaptation to a wide range of commercial ventures. The high visibility corner lot offers maximum exposure, with frontage on both Patt Avenue and Eddy Street. The substantial 0.34-acre lot comprises two legal lots totaling approximately 14,812 sq ft (10,020 sq ft and 4,792 sq ft respectively), providing ample space for expansion or future development. The property's location in a primarily residential area offers a unique blend of accessibility and potential for mixed-use development. This is a rare opportunity to acquire a well-maintained, versatile commercial property with significant upside potential in a desirable Cumberland location. The asking price is $399,900.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,200 SF
- Lot area
- 0.23 ac
- Year built
- 1972
- Stories
- 1
- APN
- CUMB M:004 B:0206 L:000
- Zoning
- R-2
- Assessed value · 2024
- $200,400
- Annual tax · 2024
- $2,395
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Within the R-1 and R-2 zones, animals for personal use are allowed as follows: (a) For each 25,000 square feet of land one horse may be kept provided that it is stabled. (b) A maximum of five birds, fowl or other animals…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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