Property profile

372 Broadway Providence, RI 02909

OFF-MARKET
Investment properties
Property ID
US76-0078507
4,336 SF 0.11 ac lot Built 1892
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1892
Construction FRAME
Total area 4,336 SF
Lot 0.11 ac (4,700 SF)
Zoning code R-P
APN PROV M:32 L:441
UPID US76-0078507

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

372 Broadway Providence, RI 02909-1453
Providence metro Census 1100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
$945k
Comparable Approach Comparable
$658k
Blend (final) Blend
$705k

Owner & transaction history

since 2024
Last sale
$705,000
5 recorded transactions
2024
$14,391
2024
$13,005
2022
$705,000
2019
$460,000
1998
$200,000

Zoning & alternative use

R-P · Providence, RI
Zoning description

The purpose of the R-P Residential Professional District is intended to preserve and enhance the residential integrity of select heavily traveled streets where certain residential-professional and low intensity commercia…

General category COMMERCIAL
Top alternative use upside
Office building $930,000 +58.6%

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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