Realmo Analytics

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Financial
Distress signals
Property profile

310 Reservoir Ave Providence, RI 02907

FOR LEASE
Showrooms
Property ID
US76-0198752
6,720 SF 0.56 ac lot Built 1970
Last sale Jul 2026 · $990,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a standalone office building with 6,720± square feet of building space situated on 24,250± square feet of land. The interior includes a reception area, mostly private offices, and a conference/meeting space that can accommodate more than one tenant configuration. The building is served by a shared entry with common reception space that connects to private offices and meeting areas. The site provides 170+ feet of frontage on RT-2, with convenient access via on/off connections to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$477k
Assessed land$238k
Assessed improvement$239k
Effective rate3.51%

Value estimate

· Oct 2026
$370k
$333k – $407k
Submarket $/SF estimate$828k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$100 – $213
Qualifying comparables15

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?
C-1
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 agency29.9
Dental Office16.4
Parking Facility16.0

Location

310 Reservoir Ave Providence, RI 02907
County assessor Recorded deeds · 1 transfer 15 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
9 Plenty, Providence, RI 02907-1418 $1,200,000 Jun 2025 7,120 SF
520 Elmwood, Providence, RI 02907-1701 $1,300,000 May 2025 3,358 SF
45 Anthony, Providence, RI 02907-3038 $400,000 Feb 2025 9,458 SF
250 Cranston, Providence, RI 02907 $2,266,560 Sep 2024 11,024 SF
20 Homestead, Providence, RI 02907-3014 $550,000 Apr 2024 5,328 SF
885 Elmwood, Providence, RI 02907-3616 $875,000 Dec 2023 6,287 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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