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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Industrial properties
239 Oak St Providence, RI 02909-2812
Entity Owned
~
Est. High Equity
Property ID
US76-0278231
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,012 SF
Lot
0.15 ac (6,560 SF)
Zoning code
M-MU-7
APN
PROV M:35 L:324
UPID
US76-0278231
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$640k
Owner & transaction history
239 Oak St LLC
239 Oak St LLC
since 2026
Last sale
$18,621
7 recorded transactions
Zoning & alternative use
M-MU-7 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
$590,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $19k (Jun 30 2025)
Last sale anchor
$19k
Jun 30 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$16,476
Tax year 2023
Assessed value
$469,400
Assessed 2023
Previous assessed
$469,400
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$60,700
Assessed improvement
$408,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
1
Stories
3
Units
2
Total area
17,012 SF
Lot
0.15 ac (6,560 SF)
Zoning code
M-MU-7
APN
PROV M:35 L:324
UPID
US76-0278231
Jurisdiction
PROVIDENCE
Zoning & alternative use
M-MU-7 · Providence, RI
Zoning M-MU-7 · permitted uses
M-MU-7 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
3
Buildings
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
239 Oak St LLC
Entity
Mailing address
239 OAK ST APT #2, PROVIDENCE, RI 02909-2812
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
239 Oak St LLC
Elevator Properties Nc
Quitclaim Deed
related
$5,490,000 · Tailor Ridge Reit LLC
Dec 2, 2025
—
House Of The Rising Star
Providence City Of
Deed
related
—
Sep 30, 2025
$18,621
Capital Associates V Rigp
Providence City Of
Deed
related
—
Sep 15, 2025
$775,000
Elevator Properties INC
House Of Rising Star LLC
Warranty Deed
$300,000 · Kickemuite River Capital LLC
Jul 8, 2025
$18,621
Capital Assoc IV Rigp
Providence City Of
Deed
related
—
Jan 31, 2024
—
House Of The Rising Star
—
Deed
related
$420,000 · Providence Revolving Fund
Mar 4, 2022
$510,000
House Of The Rising Star
Rohan LLC
Warranty Deed
$410,000 · Rohan LLC
Jul 3, 2017
$250,000
Rohan LLC
239 Oak Street LLC
Warranty Deed
—
Dec 4, 2015
$150,000
239 Oak St LLC
Howie Harris Land Co LLC
Warranty Deed
—
Dec 6, 2006
$250,000
239 Oak St Bldg Co LLC
Nigeriani American Club
Grant Deed
$162,500 · Interbay Funding LLC
Dec 6, 2006
—
239 Oak St Bldg Co LLC
—
Deed Of Trust
related
$162,500 · Interbay Funding LLC
Mar 24, 2000
$72,500
Nigerian American Club
Fifty Two Realty Corp
Grant Deed
$57,500 · Zenon Grzybowski
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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