Realmo Analytics

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Financial
Distress signals
Property profile

616 Union Ave Providence, RI 02909

FOR SALE
Commercial land
Property ID
US76-0236489
0.14 ac lot
Last sale Feb 2026 · $175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$61k
Assessed land$56k
Assessed improvement$5k
Effective rate3.51%

Value estimate

· Oct 2026
$175k
$158k – $193k
NOI build-up
Gross scheduled income$115k
Vacancy & credit loss−$7k
Operating expenses−$32k
NOI · 6.40% cap applied$75k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$66 – $202

Cap rate analysis

How does the asset earn?
6.40%
$75k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.3
Law Firm17.0
Realty agency16.8

Location

616 Union Ave Providence, RI 02909
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8 Courtland, Providence, RI 02909 $200,000 Feb 2026 No data
29 Dunford, Providence, RI 02909 $687,000 Feb 2026 No data
161 Knight, Providence, RI 02909 $200,000 Nov 2025 No data
583 Un, Providence, RI 02909 $55,000 Nov 2025 No data
496 Hartford, Providence, RI 02909 $375,000 Jun 2024 No data
295 Plainfield, Providence, RI 02909 $580,000 Aug 2023 No data
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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