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Property profile & analytics
OFF-MARKET
Office Spaces
293 Governor St 4 Providence, RI 02906-3248
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US76-0231947
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1885
Total area
1,762 SF
Zoning code
R-P
APN
PROV M:14 L:599 U:4
UPID
US76-0231947
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
Current use
Occupant on record · Public records
-
Pelcovits Marjorie A Physician Medical Clinic
-
Governor Diagnostic And Treatment Medical Clinic
-
Daniel Marwil Pediatrician Medical Clinic
-
Richard L. Dvorin Pediatrician Medical Clinic
-
Ivy G. Marwil, MSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Providnece Student Trust · 7 yrs held
Providnece Student Trust
since 2018
3 recorded transactions
Zoning & alternative use
R-P · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,420
Tax year 2023
Assessed value
$211,400
Assessed 2023
Previous assessed
$211,400
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed improvement
$211,400
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1885
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Total area
1,762 SF
Zoning code
R-P
APN
PROV M:14 L:599 U:4
UPID
US76-0231947
Jurisdiction
PROVIDENCE
Zoning & alternative use
R-P · Providence, RI
Zoning R-P · permitted uses
R-P · 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
1885
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Current owner
From public records · entity-resolved
Providnece Student Trust
Trust
Mailing address
150 CHESTNUT ST, PROVIDENCE, RI 02903-4645
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2018
$228,000
Providnece Student Trust
Daniel Toby Marwil T
Trustees Deed
$118,781 · Daniel T Marwil
Jun 22, 2012
$1
Marwil T Ivy
Marwil,ivy G
Grant Deed
related
—
Jul 10, 1989
$194,100
Daniel T Marwill
Pediatric Realty
Grant Deed
$50,000 · Ri Hosp Trust National Bank
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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