Property profile

616 Douglas Ave Providence, RI 02908

OFF-MARKET
Showrooms
Property ID
US76-0118826
748 SF 0.09 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 748 SF
Lot 0.09 ac (3,904 SF)
Zoning code C-2
APN PROV M:123 L:96
UPID US76-0118826

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store Discount Store

Location

616 Douglas Ave Providence, RI 02908-1653
Providence metro Census 2801 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2016
5 recorded transactions
2023
Price N/A
2016
$20,000
2015
$1,706
2006
Price N/A
2003
$65,000

Zoning & alternative use

C-2 · Providence, RI
Zoning description

The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larger retail establishments

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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