Property profile

462 Broadway Providence, RI 02909

OFF-MARKET
Investment properties
Property ID
US76-0137642
5,526 SF 0.28 ac lot Built 1920
Individually Owned 27-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 5,526 SF
Lot 0.28 ac (12,219 SF)
Zoning code R-P
APN PROV M:32 L:152
UPID US76-0137642

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm
  • Law Firm

Location

462 Broadway Providence, RI 02909-1626
Providence metro Census 1000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$817k
Blend (final) Blend
$425k

Owner & transaction history

since 1999
1 recorded transaction
1999
$143,000

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 $1.2M +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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