Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

501 Angell St 205 Providence, RI 02906

FOR LEASE
Showrooms
Property ID
US76-0195260
7,072 SF 0.09 ac lot Built 1900
Last sale Dec 2012 · $925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

501 Angell Street, Unit 205 is a private office suite located in the Wayland Square area of Providence. The suite provides approximately 75+ square feet of indoor workspace and is carpeted, with central heating and air conditioning for year-round climate control. The office includes access to a shared waiting area and a common bathroom. The space is configured for professional use and has provisions for tenant-provided Wi‑Fi, with utilities presented as included. It is suitable for office-based…

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?
$36k
Tax billed · 2023
Assessed value$1.01M
Assessed land$423k
Assessed improvement$592k
Effective rate3.51%

Value estimate

· Oct 2026
$1.15M
$1.03M – $1.26M
CAP approach$1.54M
Submarket $/SF estimate$698k
NOI build-up
Gross scheduled income$2k
Vacancy & credit loss−$313
Operating expenses−$427
NOI · 233.27% cap applied$1k

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

Recently sold

What actually traded nearby?
$323/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$217 – $444
Qualifying comparables10

Cap rate analysis

How does the asset earn?
233.27%
$1k 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?
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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.6
Laundry Service10.6
Auto Parts Store9.8

Location

501 Angell St, Unit 205 Providence, RI 02906
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
271 Thayer, Providence, RI 02906-1524 $3,700,000 Dec 2025 9,135 SF
49 Seekonk, Providence, RI 02906-5176 $2,450,000 Jul 2025 9,202 SF
206 Waterman, Providence, RI 02906-4301 $599,000 May 2024 3,206 SF
137 Gano, Providence, RI 02906 $3,000,000 Jul 2022 5,830 SF
285 Governor, Providence, RI 02906-3237 $2,350,000 Sep 2021 8,360 SF
141 Wayland, Providence, RI 02906-4303 $700,000 Aug 2021 5,622 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again