Realmo Analytics
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Property summary
This exceptional commercial property, situated at 512 Prairie Avenue in Providence, Rhode Island, presents a unique investment opportunity. Located on a bustling street in the heart of South Providence, this general commercial space boasts over 1,000 square feet of leasable area. The property sits on a 0.1-acre lot and is ideally positioned within a thriving neighborhood, surrounded by residential properties. The existing equipment within the space can be utilized by a new owner or replaced… to suit individual business needs. This prime location offers significant potential for a variety of businesses, particularly those catering to the residential community. The ongoing construction of a 12-unit residential building directly across the street further enhances the property's long-term prospects, ensuring a growing customer base. The asking price for this promising commercial space is $59,900. This presents a compelling opportunity for entrepreneurs seeking a well-located, established space in a rapidly developing area of Providence. The property's convenient location and existing infrastructure make it an attractive option for a range of commercial ventures, including but not limited to convenience stores and restaurants. Serious inquiries are encouraged to explore this exciting opportunity further.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records and 15 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 11 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,122 SF
- Lot area
- 0.1 ac
- Year built
- 1920
- Stories
- 2
- APN
- PROV M:54 L:79
- Zoning
- R-3
- Assessed value · 2023
- $161,000
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and three family residential development as well as rowhouse development, additionally, l…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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