Technical
Financial
Distress signals
Property profile

303 Allens Ave Providence, RI 02905

OFF-MARKET
Industrial properties
Property ID
US76-0023515
43,104 SF 1.28 ac lot Built 1960
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 43,104 SF
Lot 1.28 ac (55,787 SF)
Zoning code M-2
APN PROV M:47 L:319
UPID US76-0023515

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
  • Electrical Service Auto Repair Shop
  • Electrical Service Auto Repair Shop

Location

303 Allens Ave Providence, RI 02905-5007
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$815k

Owner & transaction history

since 2003
7 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2021
Price N/A
2010
Price N/A
2010
Price N/A
2006
Price N/A

Zoning & alternative use

M-2 · Providence, RI
Zoning description

The M-2 General Industrial District is intended to provide areas for moderate and heavy intensity industrial uses, especially for those uses that are potentially hazardous, noxious, or incompatible with the uses in other…

General category INDUSTRIAL

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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