651 CharlesProvidence, RI 02904

  • Other commercial real estate
  • 9,860 SF
Off market
$3,401,700 Estimated

Property Details for 651 Charles

Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.34 AC
Property size (Sq ft)
9,860 SF
Zone code
C-2
Property type
Other commercial real estate
Property subtype
Showrooms
APN
PROV M:98 L:462
APU
PROVM98L462

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,396,324
    6.5%
    $2,211,992
    7%
    $2,053,992
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,246,535
    Geo Method
    $3,246,535
  • Alternative Use

    Use
    Valuation
    Residential
    $1,865,898
    Hospitality
    $1,709,152
    Educational
    $1,421,995
    Medical
    $1,470,899
    Retail
    $2,211,992
651 Charles, Providence, Rhode Island

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.8544
Longitude
-71.4203
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,041
$163,300
$350,700
$514,000
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-
-
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