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Financial
Distress signals
Property profile

1540 Mineral Spg Ave North Providence, RI 02904

OFF-MARKET
Other investment properties
Property ID
US76-0145369
4,793 SF 0.5 ac lot Built 1954
Last sale Feb 2007 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a half-acre commercial land parcel located at 1540 Mineral Springs Avenue in North Providence, Rhode Island, with extensive frontage along heavily traveled main roads. The site includes an existing building and is configured to support multiple occupancy arrangements, including potential residential and retail uses, depending on applicable approvals. The property offers substantial road exposure consistent with retail-oriented development and provides land area that could allow further build-out on-site.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$487k
Assessed land$236k
Assessed improvement$251k

Value estimate

· Oct 2026
$340k
$306k – $374k
Submarket $/SF estimate$619k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$145/SF
ZIP average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$108 – $205
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CP
CP - Commercial Professional Office Zone. This district is established to recognize professional offices used as a mechanism to provide a...
General categoryCOMMERCIAL
JurisdictionNORTH PROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.1
Kitchen & Bath11.2
Parking Facility10.8

Location

1540 Mineral Spg Ave North Providence, RI 02904-4097
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1273 Main, Providence, RI 02904-1866 $990,000 Oct 2024 5,671 SF
567 Charles, Providence, RI 02904-2227 $835,000 Aug 2024 5,114 SF
623 Charles, Providence, RI 02904-1345 $455,000 Jul 2024 4,505 SF
638 Charles, Providence, RI 02904-1351 $100,000 Sep 2023 5,663 SF
593 Charles, Providence, RI 02904-1356 $269,000 Jul 2023 4,379 SF
1 Charles, Providence, RI 02904-2229 $1,740,000 May 2022 5,108 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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