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    Property profile & analytics

    38 Dike St Providence, RI 02909-2806

    • Showrooms
    • 5,269 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Mar 28, 2022
    $550,000
    Location Intelligence
    Property ID
    US76-0236359
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Boiler Room / Live Music Venue / Dance Club
    • Wes' Rib House / Barbecue Restaurant
    • Atm / Atm

    Property Details for 38 Dike St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.49 lot acres
    Property size
    5,269 SF
    Zone code
    M-MU-7
    Property type
    Showrooms
    APN
    PROV M:35 L:587
    APU
    PROVM35L587

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $550,000
      6.5%
      $575,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $540,000
      Mixed-Use
      $610,000
      Hospitality
      $460,000
      Educational
      $545,000
      Residential Income
      $560,000
      Energy
      $500,000
      Income-Based Land
      $490,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4411
    Latitude
    41.8152
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,859
    $131,900
    $405,400
    $537,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,391 SF

      433 Hartford Ave

      SHOW ROOM, WAREHOUSE • 2,391 SF
      433 Hartford Ave, Providence, RI 02909-5131
      View Details
    • Value Estimation
      $700,000
      3,372 SF

      188 Plainfield St

      SHOW ROOM, WAREHOUSE • 3,372 SF
      188 Plainfield St, Providence, RI 02909-3702
      View Details
    • Value Estimation
      $260,000
      1,435 SF

      944 Atwells Ave

      SHOW ROOM, WAREHOUSE • 1,435 SF
      944 Atwells Ave, Providence, RI 02909-3127
      View Details
    • Value Estimation
      $390,000
      3,600 SF

      662 Atwells Ave

      SHOW ROOM, WAREHOUSE • 3,600 SF
      662 Atwells Ave, Providence, RI 02909-2415
      View Details
    • Value Estimation
      $455,000
      3,744 SF

      375 Atwells Ave

      SHOW ROOM, WAREHOUSE • 3,744 SF
      375 Atwells Ave, Providence, RI 02909-1026
      View Details
    • Value Estimation
      $570,000
      8,239 SF

      108 Atwood St

      SHOW ROOM, WAREHOUSE • 8,239 SF
      108 Atwood St, Providence, RI 02909
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,150 SF

      Retail Space Near Federal Hill

      Retail space adjacent to Federal Hill with trolley and bus access.
      75 Eagle St, Providence, RI 02909
      View Details
    • $15 SF/Yr
      3,988 SF

      Providence Retail/Restaurant Space For Rent

      Modern retail and restaurant spaces with excellent visibility and parking.
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      View Details
    • Contact for pricing
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      Retail Space Near Federal Hill

      Retail space available adjacent to Federal Hill in Providence.
      589 Atwells Ave, Providence, RI 02909
      View Details
    • Contact for pricing
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      Retail Space Near Federal Hill

      Retail space available adjacent to Federal Hill in Providence.
      45 Eagle St, Providence, RI 02909
      View Details
    • Contact for pricing
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      Retail Space Near Federal Hill

      Retail space available adjacent to Federal Hill in Providence.
      623 Atwells Ave, Providence, RI 02909
      View Details
    • Contact for pricing
      5,596 SF

      Olneyville Square Commercial Space

      High-visibility commercial space in a dynamic Providence neighborhood.
      22 Olneyville Sq, Providence, RI 02909
      View Details
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    38 Dike St
    Providence, RI 02909-2806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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