Property profile

862 Waterman Ave East Providence, RI 02914

OFF-MARKET
Industrial properties
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Property ID
US76-0029691
54,864 SF 2.98 ac Built 1978
Last sale Apr 2025·$4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$57k
Tax billed · 2024
Assessed value$2.39M
Assessed land$671k
Assessed improvement$1.72M
Effective rate2.39%

Value estimate

· Nov 2026
$3.96M
$3.56M – $4.36M
CAP approach$4.41M
Submarket $/SF estimate$3.43M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$43 – $122
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
JurisdictionEAST PROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.8
Parking Facility9.8
Dental Office9.4

Location

862 Waterman Ave East Providence, RI 02914-1316
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
88 Boyd, East Providence, RI 02914-1248 $2,735,000 Dec 2022 25,600 SF
25 Fairmount, East Providence, RI 02914-1701 $5,800,000 Dec 2021 107,870 SF
22 Almeida, East Providence, RI 02914-1018 $1,800,000 Nov 2020 31,800 SF
66 Commercial, East Providence, RI 02914-1003 $1,500,000 Jul 2019 40,000 SF
825 Waterman, East Providence, RI 02914-1713 $1,500,000 Jun 2019 24,530 SF
2266 Pawtucket, East Providence, RI 02914-1710 $1,380,000 Dec 2018 27,142 SF
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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