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Property profile & analytics
OFF-MARKET
Estimated value
$4,065,000
Showrooms
350 Taunton Ave, East Providence, RI 02914-2615
Entity Owned
Free & Clear
Property ID
US76-0096262
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Construction
CONCRETE
Total area
62,962 SF
Lot
1.13 ac (49,223 SF)
Zoning code
C2
APN
EPRO M:306 B:01 L:013 U:
UPID
US76-0096262
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.67M
Blend (final)
Blend
$4.07M
Owner & transaction history
Center City Apt LLC
Center City Apt LLC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
C2 · East 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 East Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
Method
Estimation
Statistic approach
$3,160,000
ML approach
$3,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±10% · vs last sale $4.50M (Dec 28 2024)
Last sale anchor
$4.50M
Dec 28 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$65 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$73,942
Tax year 2024
Assessed value
$3,091,200
Assessed 2024
Previous assessed
$3,091,200
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$644,100
Assessed improvement
$2,447,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
4
Units
100
Rooms
16
Bathrooms
3
Total area
62,962 SF
Lot
1.13 ac (49,223 SF)
Zoning code
C2
APN
EPRO M:306 B:01 L:013 U:
UPID
US76-0096262
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
C2 · East Providence, RI
Zoning C2 · permitted uses
C2 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
4
Buildings
1
Units
100
Rooms
16
Bathrooms
3
Lot
1.13 ac
Current owner
From public records · entity-resolved
Center City Apt LLC
Entity
Free & Clear · 0 yrs held
Mailing address
350 TAUNTON AVE, EAST PROVIDENCE, RI 02914-2615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Center City Apt LLC
—
Deed
related
$3,000,000 · Rhode Island Cmty Fou
Dec 22, 2025
—
Center City Apt LLC
Center City Apt LLC
Quitclaim Deed
related
—
Dec 22, 2025
$1,000,000
Center City Apt LLC
Center City Apt LLC
Deed
related
$15,000,000 · Bank Of America NA
Mar 28, 2025
$4,500,000
Center City Apt LLC
One Neighorhood Bldrs
Deed
—
Mar 22, 2023
$3,000,000
One Neighborhood Builders
Hamlet Court Estate LLC
Warranty Deed
—
Mar 24, 2021
$1,507
Airway Leasing LLC
East Providence City Of
Redemption Deed
related
—
Jun 5, 2002
$2,251,000
Court Re Hamlet
Sec Of Hsng & Urbn Dev
Grant Deed
—
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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