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    15 Industrial Rd Cranston, RI 02920

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    For Sale
    $1,690,000

    26,494 SF fully leased industrial building with upside potential.

    Property size:
    26,494 SF
    Lot size:
    0.94 Acres

    Property Features for 15 Industrial Rd

    General Information

    Size
    26,494 SF
    Lot size
    0.94 Acres

    Source: MG Commercial Agent George Paskalis, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cranston Industrial Building For Sale

    The property at 15 Industrial Road, Cranston, Rhode Island, is a 26,494 square foot manufacturing building, including approximately 3,000 square feet of office space, situated on 2.6 acres. The fully air-conditioned facility is subdivided and occupied by two tenants: a furniture manufacturer occupying 8,000 square feet, and a cannabis cultivator occupying 18,464 square feet. The building is fully sprinklered and includes two docks, 3-phase power, and parking space for up to 30 vehicles. The real estate taxes are $34,305 annually. The property presents significant future upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Antaya Inc Manufacturer Lewis INC Mining Consultant Kingston Krafts Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4575478
    Latitude
    41.7880011

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    FAQs

    What type of property is this?
    Manufacturing property - 26,494 SF fully leased industrial building with upside potential.
    Where is this manufacturing property located?
    The property is located at 15 Industrial Rd Cranston, RI.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - 26,494 SF Fully Leased Industrial Building; - 100% Air-Conditioned Facility; - Seller Financing Available
    (401) 374-7038
    Request Owner's contact information
    15 Industrial Rd Cranston, RI 02920
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    Cranston, RI 02920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Industrial Rd Cranston, RI 02920
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