Technical
Financial
Distress signals
Property profile

278 Allens Ave Providence, RI 02905

OFF-MARKET
Industrial properties
Property ID
US76-0127114
6,000 SF 7.36 ac lot Built 2005
Entity Owned 26-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2005
Construction STEEL FRAME
Total area 6,000 SF
Lot 7.36 ac (320,791 SF)
Zoning code W-3
APN PROV M:47 L:146
UPID US76-0127114

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Metal Fabrication Plant Recycling Center
  • Recycling Center Waste Management Facility
  • Auto Repair Shop
  • Recycling Center Waste Management Facility
  • Insurance Agency

Location

278 Allens Ave Providence, RI 02905-5002
Providence metro Census 600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
$915k
Comparable Approach Comparable
$920k
Blend (final) Blend
$720k

Owner & transaction history

since 1999
1 recorded transaction
1999
$350,000

Zoning & alternative use

W-3 · Providence, RI
Zoning description

The W-3 Port And Maritime Industrial Waterfront District is intended to promote maritime industrial and commercial uses within the areas of Providence waterfront, protect the waterfront as a resource for water dependent…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $775,000 +26.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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