317 Warren Ave East Providence, RI 02914-4753
Entity Owned
2-yr Hold
~
Est. High Equity
Estimated value (blended)
$475k
Range $428k – $523k (±10%)
Property ID
US76-0228581
Property summary
AI-generated overview
This exceptional single-tenant, mixed-use building at 317 Warren Avenue presents a unique investment opportunity. The 7,405 square foot lot houses a single-story structure offering a versatile blend of commercial and storage space. The property boasts a large, heated garage/warehouse area, easily accessible via four garage doors, ideal for various business needs. Inside, you'll find multiple offices, ample storage space, two bathrooms, and a convenient kitchenette. Multiple points of entry enhance functionality and accessibility. Parking is readily available with two designated parking spots on-site, plus the potential for additional street parking and parking in a nearby lot (negotiable). This property benefits from its prime location, offering excellent street visibility and branding opportunities. East Providence's thriving economic development and convenient highway access further enhance its appeal. This is an exceptional chance to establish or expand your business in a high-traffic area within a supportive business community. The building's functionality and location combine to create a compelling investment prospect.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,587 SF
Lot
0.17 ac (7,196 SF)
Zoning code
C3
APN
EPRO M:207 B:02 L:001 U:
UPID
US76-0228581
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$475k
Owner & transaction history
since 2023
Last sale
$450,000
4 recorded transactions
Zoning & alternative use
C3 · East Providence, RI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$475k
Value range
$428k – $523k
±10% around blend
Estimated value / SF
$104 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
$428k
blend $475k
$523k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,587 SF
Lot area
0.17 ac
Year built
1950
Stories
1
APN
EPRO M:207 B:02 L:001 U:
Assessed value
$299,300
Annual tax
$7,159
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$836k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.4 mi away · 3,710 SF
0.6 mi away · 5,784 SF
0.6 mi away · 3,808 SF
0.7 mi away · 4,000 SF
0.7 mi away · 3,808 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$475k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 82 sales
$161
-36%
Submarket 137 sales
$159
-35%
County 1487 sales
$146
-29%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $104/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$450k
Move the market yield to see immediate price impact.
Value / SF
$98
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$28k
$567k
$405k
$315k
$32k
$630k
$450k
$350k
$35k
$693k
$495k
$385k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$360k
0.2 mi · Dec 2025 · $70/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,159
Tax year 2024
Assessed value
$299,300
Assessed 2024
Previous assessed
$299,300
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$136,900
Assessed improvement
$162,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Rooms
15
Bathrooms
3
Total area
4,587 SF
Lot
0.17 ac (7,196 SF)
Zoning code
C3
APN
EPRO M:207 B:02 L:001 U:
UPID
US76-0228581
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
C3 · East Providence, RIZoning C3 · permitted uses
C3 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Rooms
15
Bathrooms
3
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C3
Jurisdiction
East Providence, RI
Recorded code
C3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in East Providence, RI.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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