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    Property profile & analytics

    249 Thayer St Providence, RI 02906-1311

    • Showrooms
    • 14,080 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US76-0169522
    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

    • Shake Shack Thayer Street / American Restaurant / Catering Food And Drink Supplier

    Property Details for 249 Thayer St

    Year built
    2018
    Construction
    STEEL FRAME
    Lot size
    0.08 lot acres
    Property size
    14,080 SF
    Zone code
    C-2
    Property type
    Showrooms
    APN
    PROV M:13 L:49
    APU
    PROVM13L49

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4005
    Latitude
    41.8285
    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
    2023
    $104,903
    $673,800
    $2,314,900
    $2,988,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      18,292 SF

      133 Pitman St

      SHOW ROOM, WAREHOUSE • 18,292 SF
      133 Pitman St, Providence, RI 02906-5112
      View Details
    • Value Estimation by Request
      24,786 SF

      6 Benevolent St

      SHOW ROOM, WAREHOUSE • 24,786 SF
      6 Benevolent St, Providence, RI 02906-1103
      View Details
    • Value Estimation by Request
      79,154 SF

      353 Blackstone Blvd

      SHOW ROOM, WAREHOUSE • 79,154 SF
      353 Blackstone Blvd, Providence, RI 02906-4936
      View Details
    • Value Estimation by Request
      74,161 SF

      331 Waterman St

      SHOW ROOM, WAREHOUSE • 74,161 SF
      331 Waterman St, Providence, RI 02906
      View Details
    • Value Estimation by Request
      14,440 SF

      236 Meeting St

      SHOW ROOM, WAREHOUSE • 14,440 SF
      236 Meeting St, Providence, RI 02906-2221
      View Details
    • Value Estimation by Request
      8,360 SF

      285 Governor St

      SHOW ROOM, WAREHOUSE • 8,360 SF
      285 Governor St, Providence, RI 02906-3237
      View Details

    Similar Nearby for Sale

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      Thayer Street Business Opportunity

      Prime location near Brown University and RISD.
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    • Contact for pricing
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      3970 sq ft, 3-story building, $14,000
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      $2,575,000
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      East Side corner property with restaurant, apartments, and commercial spaces.
      771 Hope St, Providence, RI 02906
      View Details
    • New
      $2,975,000
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      Income-Generating Multi-Family Opportunity

      Two multi-family homes in Providence's East Side.
      134 Irving Ave, Providence, RI 02906
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    • $975,000
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      East Side Multifamily Investment

      Multifamily property in a desirable East Side location.
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    Similar Nearby for Lease

    • Contact for pricing
      2,200 SF

      Retail Space on Wayland Avenue

      Retail space available in Providence, RI with established neighboring tenants.
      195-209 Wayland Ave, Providence, RI 02906
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    • $42 SF/Yr
      3,970 SF

      Providence Retail Space For Lease

      New construction retail space in high-traffic East Side location.
      235 Meeting St, Providence, RI 02906
      View Details
    • Contact for pricing
      3,500 SF

      Former Bike Shop Retail Space

      3,500 SF retail space available for lease.
      729 Hope St, Providence, RI 02906
      View Details
    • Contact for pricing
      3,500 SF

      East Side Retail Space Available

      Retail space with high traffic and window frontage.
      725-731 Hope St, Providence, RI 02906
      View Details
    • Contact for pricing
      4,200 SF

      Retail Space in Providence

      Retail property available for rent in Providence, Rhode Island.
      118-120 Waterman St, Providence, RI 02906
      View Details
    • $24 SF/Yr
      8,638 SF

      Prime Providence Executive Office Space

      8,638 SF Executive Office, 10 Parking Spaces
      99 Wayland Ave, Providence, RI 02906
      View Details

    Property Visit Statistics

    • Visits by month
      3.7k
    • Visitors by month
      3.4k
    • Avg Time on site
      29 min
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    249 Thayer St
    Providence, RI 02906-1311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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