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Property profile

253 Georgia Ave Providence, RI 02905

OFF-MARKET
Other industrial properties
Property ID
US76-0180229
14,822 SF 0.73 ac lot Built 1910
Last sale Apr 2021 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 253 Georgia Avenue in Providence, Rhode Island, the property consists of a single-level, 14,822-square-foot manufacturing building on a 31,708-square-foot lot. The site is zoned for industrial use (M-1) and features 16-foot ceilings and one drive-in door. The property has frontage along Georgia Avenue, Toronto Avenue, and Eddy Street, and is within one mile of Interstate 95 (I-95).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$536k
Assessed land$200k
Assessed improvement$336k
Effective rate3.51%

Value estimate

· Nov 2026
$410k
$369k – $451k
AI approach$490k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$102/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$57 – $153
Qualifying comparables7

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?
M-1
The M-1 Light Industrial District is intended for light industrial and office park uses that accommodate a variety of manufacturing, asse...
General categoryINDUSTRIAL
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 agency27.4
Law Firm21.6
Dental Office16.9

Location

253 Georgia Ave Providence, RI 02905-4516
County assessor Recorded deeds · 1 transfer 7 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
162 Oconnell, Providence, RI 02905-4813 $450,000 May 2024 11,514 SF
338 Allens, Providence, RI 02905 $2,700,000 Mar 2023 18,627 SF
299 Allens, Providence, RI 02905-5007 $635,000 Feb 2023 16,274 SF
12 Lehigh, Providence, RI 02905 $1,190,000 May 2022 8,960 SF
55 Chapman, Providence, RI 02905-5405 $1,000,000 Sep 2021 15,132 SF
100 Pavilion, Providence, RI 02905-1522 $820,000 Dec 2019 11,603 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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