Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

42 Westfield St Providence, RI 02907

FOR SALE
Other industrial properties
Property ID
US76-0388549
24,670 SF 0.61 ac lot Built 1920
Last sale Aug 2024 · $1,100,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 42 Westfield Street in Providence, Rhode Island, the property is a 32,000-square-foot warehouse configured for warehouse and distribution uses. The building provides 16-foot clearance height and includes three-phase electrical power. It is situated near major interstate corridors, with proximity to I-95 and I-195, supporting efficient access to regional transportation routes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$687k
Assessed land$90k
Assessed improvement$597k
Effective rate3.51%

Value estimate

· Nov 2026
$745k
$671k – $820k
AI approach$745k
Submarket $/SF estimate$749k
NOI build-up
Gross scheduled income$451k
Vacancy & credit loss−$27k
Operating expenses−$64k
NOI · 17.15% cap applied$360k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$102/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$57 – $153
Qualifying comparables8

Cap rate analysis

How does the asset earn?
17.15%
$360k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-MU-7
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.6
Pet Grooming Service8.8
Dry Cleaner8.6

Location

42 Westfield St Providence, RI 02907
County assessor Recorded deeds · 6 transfers 8 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
160 Narragansett, Providence, RI 02907-3367 $1,100,000 Jul 2025 12,465 SF
820 Elmwood, Providence, RI 02907-7700 $1,400,000 Aug 2024 17,696 SF
90 Narragansett, Providence, RI 02907-3358 $550,000 Oct 2023 14,804 SF
29 Ninigret, Providence, RI 02907 $657,500 Oct 2022 10,640 SF
207 Dupont, Providence, RI 02907 $520,000 Feb 2020 50,398 SF
472 Potters, Providence, RI 02907-1681 $158,000 Dec 2018 21,494 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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