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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Investment properties
908 Broad St, Providence, RI 02907-1829
Entity Owned
1-yr Hold
Property ID
US76-0063220
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
4,879 SF
Lot
0.07 ac (2,865 SF)
Zoning code
C-2
APN
PROV M:53 L:33
UPID
US76-0063220
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
-
Providence Dental Laboratory Dental Office
-
San Miguel Transportation Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$495k
Blend (final)
Blend
$665k
Owner & transaction history
J Abreu Properties LLC · 1 yrs held
J Abreu Properties LLC
since 2025
Last sale
$670,000
7 recorded transactions
Zoning & alternative use
C-2 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+34.5%
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
Method
Estimation
Statistic approach
$660,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$775,000
Current use
OFFICE BUILDING
$1,045,000
Change: +35% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $670k (Apr 17 2025)
Last sale anchor
$670k
Apr 17 2025
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
$136 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$284,800
Assessed 2023
Previous assessed
$284,800
+0.0% YoY
Assessed land
$69,200
Assessed improvement
$215,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
3
Bathrooms
3
Total area
4,879 SF
Lot
0.07 ac (2,865 SF)
Zoning code
C-2
APN
PROV M:53 L:33
UPID
US76-0063220
Jurisdiction
PROVIDENCE
Zoning & alternative use
C-2 · Providence, RI
Zoning C-2 · permitted uses
C-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$775,000
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1900
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
3
Bathrooms
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
J Abreu Properties LLC
Entity
Mailing address
193 EARLY ST, PROVIDENCE, RI 02907-2009
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
$670,000
J Abreu Properties LLC
Movil Zone LLC
Warranty Deed
$502,500 · Rockland Trust Co
Apr 21, 2021
—
Movil Zone LLC
—
Deed
related
$236,000 · Rockland Trust Co
Jan 2, 2019
—
Movil Zone LLC
Defondeur,yaquel G
Quit Claim Deed
related
$480,000 · Rockland Tr
Dec 21, 2017
$299,000
Yaquel Guzman-defondeur
Taylor,robert N
Warranty Deed
$230,000 · Northeast Equity Ptrs
Mar 29, 2017
—
Yaquel Guzman-defondeur
Guzman-defondeur,yaquel
Warranty Deed
related
$215,000 · Velocity Com'l Cap
Jan 26, 2016
$219,000
Yaquel G Defondeur
Jem Properties LLC
Warranty Deed
$168,000 · Northeast Equity Ptrs
Sep 18, 2014
—
Jfm Properties LLC
Infante,jeffrey
Quit Claim Deed
related
$105,000 · Northeast Equity Ptrs
Feb 24, 2014
$100,000
Jeffrey Infante
Lora,braulio
Warranty Deed
—
Jan 10, 2000
—
Braulio Lora
—
Deed Of Trust
related
$87,000 · Delta Funding
—
—
Jem Properties LLC
—
Deed Of Trust
related
$137,000 · Northeast Equity Ptrs
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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