Property profile

987 Main St Providence, RI 02904

OFF-MARKET
Showrooms
Property ID
US76-0034322
9,304 SF 0.71 ac lot Built 1965
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,304 SF
Lot 0.71 ac (31,067 SF)
Zoning code C-2
APN PROV M:73 L:418
UPID US76-0034322

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

987 Main St Providence, RI 02904-5745
Providence metro Census 3300 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
$1.27M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2010
6 recorded transactions
2010
$1
2010
$1
2010
$1
2010
$300,000
2008
$1
2008
$1

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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