22 Almeida Ave East Providence, RI 02914
- Industrial properties
- 31,800 SF
- 3.03 lot acres
Current Use by Public Records
- Cod Oil / Cars / Gas Station
- Independent Pipe and Supply Corporation / Pipe Supplier / Wholesaler
Property Details for 22 Almeida Ave
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.03 lot acres
- Property size
- 31,800 SF
- Zone code
- I3
- Property type
- Industrial properties
- APN
- EPRO M:606 B:02 L:002 U:
- APU
- EPROM606B02L002U
Description
This exceptional 3,600 square foot office space is situated on the second floor of a two-story building at 22 Almeida Avenue in East Providence, Rhode Island, 02914. The property boasts nine private offices, perfect for a variety of business needs. Natural light floods the space, creating a bright and productive work environment. A convenient kitchenette and private restroom are included for employee comfort. This single-tenant space is part of a larger 24,600 square foot building and is easily accessible via public transportation, as it's located along a bus line. Its strategic location near the Massachusetts/Rhode Island state line provides easy access to major highways, including I-195 and I-95, and offers a quick commute to downtown Providence. The building does not have an elevator
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,870,000
- 6.5%
- $1,835,000
- 7%
- $1,680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,925,000
- Geo Method
- $1,665,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,615,000
- Retail
- $1,540,000
- Mixed-Use
- $1,685,000
- Hospitality
- $1,970,000
- Educational
- $1,540,000
- Residential Income
- $1,615,000
- Energy
- $2,055,000
- Income-Based Land
- $1,600,000
- Food Service
- $1,700,000
Location Insight
- Map
- Local Demand
- City
- East Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.3437
- Latitude
- 41.8141
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
