Financial
Distress signals
Property profile

228 Oakland Ave Providence, RI 02908

OFF-MARKET
Showrooms
Property ID
US76-0215088
704 SF 0.09 ac lot Built 1920
Last sale Aug 2024 · $35,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1920-era storefront property located at 228 Oakland Avenue, configured with an adaptable open-floor interior layout and designed to accommodate multiple small business uses. The building is served by dedicated off-street parking located behind the structure, with additional access via street parking. It is situated in a dense, university-oriented area bordering Providence College, in a neighborhood characterized by ongoing activity from nearby students, faculty, and residents. The space has

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$111k
Assessed land$48k
Assessed improvement$63k
Effective rate3.51%

Value estimate

· Sep 2026
$130k
$117k – $143k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$83 – $193
Qualifying comparables8

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?
R-3
The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and th...
General categoryRESIDENTIAL
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.3
Acupuncture10.2
Storage Facility10.1

Location

228 Oakland Ave Providence, RI 02908-3645
County assessor Recorded deeds · 2 transfers 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
353 Admiral, Providence, RI 02908-2536 $225,000 Nov 2024 936 SF
233 Douglas, Providence, RI 02908-3768 $205,000 Oct 2024 868 SF
316 Smith, Providence, RI 02908-3726 $250,000 Dec 2023 1,093 SF
515 Smith, Providence, RI 02908-4349 $345,000 Dec 2023 1,134 SF
397 Douglas, Providence, RI 02908-2512 $400,000 Dec 2023 678 SF
30 Prescott, Providence, RI 02908-5410 $270,000 Jul 2023 864 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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