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Property profile & analytics
OFF-MARKET
Commercial land
960 Willett Ave East Providence, RI 02914-2739
Entity Owned
Absentee Owner
Free & Clear
Property ID
US76-0256180
Property summary
AI-generated overview
This exceptional 5,638 square foot flex space, situated on a 0.64-acre lot in East Providence, Rhode Island, presents a unique leasing opportunity. The single-story building boasts 15+ parking spaces, a convenient drive-in door, and large display windows, ideal for a variety of retail, office, or industrial uses. Its strategic location at 960 Willett Avenue offers excellent visibility and accessibility, with two curb cuts onto Route 103. The C-2 zoning allows for diverse commercial applications, and build-to-suit options may be available. This property is conveniently located near several established businesses, including Dunkin', Town Pizza, Total Market, and Navigant Credit Union, ensuring high foot traffic and brand visibility. The property's address is 960 Willett Avenue, East Providence, RI 02915. This versatile space is ready for your business to thrive.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.12 ac (5,218 SF)
Zoning code
C2
APN
EPRO M:513 B:25 L:002 U:
UPID
US76-0256180
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
RIVERSIDE CLEANSERS CO
RIVERSIDE CLEANSERS CO
Zoning & alternative use
C2 · East Providence, RI
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,547
Tax year 2024
Assessed value
$148,300
Assessed 2024
Previous assessed
$148,300
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$145,400
Assessed improvement
$2,900
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.12 ac (5,218 SF)
Zoning code
C2
APN
EPRO M:513 B:25 L:002 U:
UPID
US76-0256180
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
C2 · East Providence, RIZoning C2 · permitted uses
C2 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
RIVERSIDE CLEANSERS CO
Individual
Free & Clear · 0 yrs held
Mailing address
58 WASHINGTON RD, BARRINGTON, RI 02806-1131
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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