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Financial
Distress signals
Property profile

460 Allens Ave Providence, RI 02905

OFF-MARKET
Showrooms
Property ID
US76-0090776
1,670 SF 0.25 ac lot Built 1970
Last sale Jun 2024 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 1,670 square foot freestanding restaurant building, situated on a 10,976 square foot lot, presents a unique investment opportunity in Providence, RI. Built in 1970, this single-story structure boasts 17 parking spaces and a highly desirable drive-thru. Its strategic location on Allens Avenue, directly at the I-95 on-ramp and across from the off-ramp, ensures exceptional visibility and accessibility. The property benefits from its proximity to major thoroughfares connecting downtown…

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 · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$530k
Assessed land$266k
Assessed improvement$263k
Effective rate3.51%

Value estimate

· Oct 2026
$650k
$585k – $715k
AI approach$650k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$129/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$98 – $188
Qualifying comparables10

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?
W-3
The W-3 Port And Maritime Industrial Waterfront District is intended to promote maritime industrial and commercial uses within the areas ...
General categoryINDUSTRIAL
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 agency37.2
Building Supply18.9
Law Firm17.3

Location

460 Allens Ave Providence, RI 02905-5002
County assessor Recorded deeds · 3 transfers 10 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
419 Pr, Providence, RI 02905-2118 $370,000 Feb 2026 2,138 SF
78 Pearl, Providence, RI 02905-2434 $499,999 Oct 2024 1,738 SF
1043 Narragansett, Cranston, RI 02905-4226 $80,000 May 2024 2,038 SF
272 Public, Providence, RI 02905-2218 $500,000 Dec 2023 1,698 SF
850 Eddy, Providence, RI 02905-4810 $2,600,000 Aug 2023 1,784 SF
29 Terminal, Providence, RI 02905 $12,723,744 Jun 2023 1,260 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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