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Financial
Distress signals
Property profile

512 Pr Ave Providence, RI 02905

OFF-MARKET
Investment properties
Property ID
US76-0406312
2,122 SF 0.1 ac lot Built 1920
Last sale Dec 2014 · $90,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$161k
Assessed land$71k
Assessed improvement$90k

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$340k

Realmo valuation models over county records and 15 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 comparables15

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?
R-3
The purpose of the R-3 Residential District is intended for higher density residential areas of detached single family, two family and th...
General categoryRESIDENTIAL
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 agency19.8
Garden Center10.4
Law Firm9.5

Location

512 Pr Ave Providence, RI 02905-1760
County assessor Recorded deeds · 7 transfers 15 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Windsor, Providence, RI 02905 $100,000 Jul 2023 1,824 SF
2088 Broad, Cranston, RI 02905-3342 $166,850 Dec 2021 2,374 SF
304 Pr, Providence, RI 02905-2352 $319,000 Jan 2021 2,659 SF
1354 Broad, Providence, RI 02905-2830 $196,000 Jul 2020 1,886 SF
1039 Broad, Providence, RI 02905-1614 $270,000 Feb 2020 2,624 SF
1338 Broad, Providence, RI 02905-2830 $69,000 Mar 2019 1,876 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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