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Property profile & analytics
OFF-MARKET
Commercial real estate
1970 Pawtucket Ave East Providence, RI 02914-1718
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US76-0138110
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.81 ac (35,140 SF)
Zoning code
C4
APN
EPRO M:406 B:06 L:004 U:
UPID
US76-0138110
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
-
HeARTspot Art Center and Gallery School Art Gallery
-
John S. Corvese, OD Physician
-
Modern Eyes, LLC Physician
-
More Than Skin Deep Esthetics Hair Salon Nail Salon
-
US Naval Recruiting Military Recruiting Office
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
Mtm Prop · 17 yrs held
Mtm Prop
since 2009
5 recorded transactions
Zoning & alternative use
C4 · East Providence, RI
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 East Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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 2020Property tax & assessments
Tax year 2020
Tax billed
$22,511
Tax year 2020
Assessed value
$1,290,400
Assessed 2024
Previous assessed
$1,290,400
+0.0% YoY
Effective rate
1.74%
On assessed value
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
4
Lot
0.81 ac (35,140 SF)
Zoning code
C4
APN
EPRO M:406 B:06 L:004 U:
UPID
US76-0138110
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
C4 · East Providence, RIZoning C4 · permitted uses
C4 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
4
Lot
0.81 ac
Current owner
From public records · entity-resolved
Mtm Prop
Individual
Mailing address
625 TAUNTON AVE, EAST PROVIDENCE, RI 02914-1614
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2018
—
Mtm Props LLC
—
Deed
related
$200,000 · Banknewport
Apr 1, 2014
—
Mtm Properties LLC
—
Deed Of Trust
related
$485,000 · Bank Of Newport
Apr 2, 2009
$775,000
Mtm Prop
Capineri,joseph
Grant Deed
—
Jun 4, 1997
$600,000
Juanito Abanilla Md
330 Realty
Grant Deed
$500,000 · Citizens Savings Bank
—
—
Mtm Props LLC
—
Deed Of Trust
related
$200,000 · Banknewport
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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