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Property profile & analytics

534 Elm St Woonsocket, RI 02895-3508

  • Investment properties
  • 5,404 SF
  • 0.10 lot acres
OFF-MARKET
Value Estimation
$520,000
Last Sale
May 04, 2020
$439,000
Location Intelligence
Property ID
US76-0067035
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Verified barbershop LLc / Hair Salon / Barber Shop

Property Details for 534 Elm St

Year built
1930
Construction
FRAME
Lot size
0.10 lot acres
Property size
5,404 SF
Zone code
MU1
Property type
Investment properties
Property subtype
Live-work space
APN
WOON M:36C L:246 U:23
APU
WOONM36CL246U23

Description

This exceptional 810-square-foot executive office space is ideally situated at 534 Elm Street in Woonsocket, Rhode Island, zip code 02895. The property, a three-story building, offers a single-tenant occupancy within a retail and office complex. The building itself sits on a 4,356-square-foot lot and features convenient on-site parking, although the number of spaces is currently zero. The interior boasts a spacious open layout, perfect for a variety of business configurations. A private bathroom and a separate, private office in the rear add to the functionality and privacy of the space. The property's location on a busy street in East Woonsocket provides excellent visibility and accessibility. Its proximity to major roadways ensures easy highway access, and the nearby Landmark Medical Center further enhances its appeal. The flexible zoning allows for a wide range of business types, making this an attractive opportunity for entrepreneurs and established businesses alike. This single-suite building presents a unique chance to establish a thriving business in a highly desirable location. Schedule a viewing today to explore the possibilities.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $535,000
  • CAP approach

    CAP return
    Estimation
    6%
    $480,000
    6.5%
    $510,000
    7%
    $480,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $450,000
    Geo Method
    $485,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $465,000
    Retail
    $400,000
    Mixed-Use
    $510,000
    Hospitality
    $425,000
    Educational
    $465,000
    Residential Income
    $445,000
    Energy
    $400,000
    Income-Based Land
    $480,000
    Food Service
    $430,000

Location Insight

  • Map
  • Local Demand
City
Woonsocket
County
Providence
State
Rhode Island
Longitude
-71.4942
Latitude
42.0078
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$86,000
$250,200
$336,200
-
$0.00
$0.00
$0.00
More about this property
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