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Property profile & analytics
OFF-MARKET
Industrial properties
56 Riv Ave Providence, RI 02908
Entity Owned
1-yr Hold
Free & Clear
Property ID
US76-0410111
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,116 SF
Lot
0.08 ac (3,610 SF)
Zoning code
M-MU-7
APN
PROV M:65 L:890
UPID
US76-0410111
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
C&s LLC · 1 yrs held
C&s LLC
since 2024
Last sale
$190,000
7 recorded transactions
Zoning & alternative use
M-MU-7 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Providence submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,485
Tax year 2024
Assessed value
$99,300
Assessed 2024
Previous assessed
$99,300
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$46,300
Assessed improvement
$53,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
1,116 SF
Lot
0.08 ac (3,610 SF)
Zoning code
M-MU-7
APN
PROV M:65 L:890
UPID
US76-0410111
Jurisdiction
PROVIDENCE
Zoning & alternative use
M-MU-7 · Providence, RI
Zoning M-MU-7 · permitted uses
M-MU-7 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
C&s LLC
Entity
Free & Clear · 1 yrs held
Mailing address
56 RIV AVE, PROVIDENCE, RI 02908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
$4,707
C&s LLC
Providence City Of
Redemption Deed
related
—
Jul 5, 2024
$4,202
Rose Realty & Family Invs
Providence City Of
Public Action
related
—
Jan 14, 2022
$190,000
Marcus Rosado
Vison Realty Group LLC
Warranty Deed
—
Jan 14, 2022
$250,000
C&s LLC
Marcos Rosado
Warranty Deed
$230,000 · Carlino Family Trust
Jun 14, 2021
$128,000
Vision Realty Group LLC
Ned Stevens INC
Quit Claim Arm's Length For Ne States
$115,200 · Ned Stevens INC
Mar 26, 2021
$60,000
Ned Stevens INC
Rivera LLC
Foreclosure
related
—
Aug 23, 2018
$4,161
Phoenix Finl Corp
Phoenix Finl Corp
Redemption Deed
—
Jul 19, 2018
$130,000
Rivera LLC
Phoenix Finl Corp
Warranty Deed
$95,000 · Ned Stevens INC
Jun 20, 2018
$4,337
Private Reserve Props
Private Reserve Props
Redemption Deed
—
Mar 30, 2018
$120,000
Phoenix Financial Corp
Phoenix Financial Corp|50 River Avenue LLC
Foreclosure
related
—
Sep 15, 2014
$7,254
Reserve Props
Private Reserve Props
Redemption Deed
related
—
Jul 21, 2014
$152,000
50 River Ave LLC
Private Reserve Props
Warranty Deed
$160,000 · Phoenix Financial Co
Jun 4, 2008
$215,000
Private Reserve Props LLC
Ferrucci,joseph R
Grant Deed
$223,750 · Evergreen Investments LLC
Jun 4, 2008
$1
Adebo Fafiyebo
Casale,charles E
Grant Deed
related
—
Jun 4, 2008
—
Private Reserve Props LLC
—
Deed Of Trust
related
$203,750 · Evergreen Investments LLC
—
—
Rivers LLC
—
Deed Of Trust
related
$40,000 · Ned Stevens INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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