Back to Search
Property profile & analytics
FOR SALE
Showrooms
577 Warren Ave East Providence, RI 02914
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US76-0221094
For Sale
1 / 17
$995,000
577 Warren Ave, East Providence, RI 02914
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Construction
CONCRETE
Total area
4,760 SF
Lot
0.12 ac (5,097 SF)
Zoning code
C3
APN
EPRO M:307 B:06 L:001 U:
UPID
US76-0221094
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
Current use
Occupant on record · Public records
-
Community Efforts Advertising Agency Marketing & Advertising
-
PCG - Ebenezer, RI - NED Church
-
Mario J Carneiro CPA Ltd Accounting Firm
-
Scootfarm Enterprises Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$620k
Owner & transaction history
577 Hldg LLC · 1 yrs held
577 Hldg LLC
since 2024
Last sale
$620,000
3 recorded transactions
Zoning & alternative use
C3 · East 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 East Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
Method
Estimation
Statistic approach
$620,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $620k (Dec 20 2024)
Last sale anchor
$620k
Dec 20 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
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
$8,738
Tax year 2024
Assessed value
$365,300
Assessed 2024
Previous assessed
$365,300
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$103,500
Assessed improvement
$261,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Rooms
15
Bathrooms
3
Total area
4,760 SF
Lot
0.12 ac (5,097 SF)
Zoning code
C3
APN
EPRO M:307 B:06 L:001 U:
UPID
US76-0221094
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
C3 · East Providence, RI
Zoning C3 · permitted uses
C3 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Providence. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$765,000
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Rooms
15
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
577 Hldg LLC
Entity
Mailing address
577 WARREN AVE, EAST PROVIDENCE, RI 02914-2809
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$620,000
577 Hldg LLC
Mgt Realty LLC
Warranty Deed
$465,000 · Banknewport
Oct 8, 2003
$310,000
Mgt Realty LLC
Pina,diogo
Grant Deed
$232,500 · Citizens Bank Of Ri
Mar 25, 1999
$101,500
Diogo A Pina
Puerini,lydia R
Grant Deed
—
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
