Financial
Distress signals
Property profile

400 Elmwood Ave Providence, RI 02907

OFF-MARKET
Showrooms
Property ID
US76-0103940
2,344 SF 0.58 ac lot Built 1970
Last sale Aug 2023 · $657,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$30k
Tax billed · 2023
Assessed value$862k
Assessed land$492k
Assessed improvement$369k
Effective rate3.51%

Value estimate

· Sep 2026
$540k
$486k – $594k
AI approach$630k
CAP approach$510k
Sales comparison$499k

Realmo valuation models over county records and 14 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 comparables14

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-2
The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larg...
General categoryCOMMERCIAL
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 agency39.1
Law Firm18.4
Skin Care Clinic15.5

Location

400 Elmwood Ave Providence, RI 02907
County assessor Recorded deeds · 2 transfers 14 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
655 Broad, Providence, RI 02907-1444 $200,000 Feb 2026 1,830 SF
173 Niantic, Cranston, RI 02907-3119 $270,000 Feb 2025 2,564 SF
183 Elmwood, Providence, RI 02907-1427 $215,000 Jan 2025 2,181 SF
1200 Elmwood, Providence, RI 02907-3716 $580,000 Oct 2024 2,200 SF
591 Elmwood, Providence, RI 02907-1812 $440,000 Mar 2024 2,528 SF
40 Melrose, Providence, RI 02907-1632 $508,000 Sep 2023 2,900 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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