Property profile

187 Douglas Ave Providence, RI 02908

OFF-MARKET
Investment properties
Property ID
US76-0402441
2,640 SF 0.12 ac lot Built 1920
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 2,640 SF
Lot 0.12 ac (5,011 SF)
Zoning code C-2
APN PROV M:68 L:845
UPID US76-0402441

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cosmetic Store
  • Alternative Medicine Practice Spa & Massage Center
  • Law Firm

Location

187 Douglas Ave Providence, RI 02908-3702
Providence metro Census 2600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2017
Last sale
$10,295
7 recorded transactions
2025
Price N/A
2017
$10,112
2017
$9,703
2016
$9,533
2015
$9,703
2014
Price N/A
2013
$7,145

Zoning & alternative use

C-2 · Providence, RI
Zoning description

The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larger retail establishments

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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