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Property profile & analytics

22 Almeida Ave East Providence, RI 02914

  • Industrial properties
  • 31,800 SF
  • 3.03 lot acres
Value Estimation
$2,235,000
Last Sale
Nov 25, 2020
$1,800,000
Location Intelligence
Property ID
US76-0050116
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

by Realmo proprietary methodology Last update: July 3, 2025
  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$42,288
$573,100
$1,194,800
$1,767,900
-
$0.00
$0.00
$0.00
More about this property
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