Financial
Distress signals
Property profile

508 Reservoir Ave Cranston, RI 02910

OFF-MARKET
Showrooms
Property ID
US76-0194067
1,530 SF 0.11 ac lot Built 1949
Last sale Dec 2020 · $235,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use site on Reservoir Avenue consisting of two buildings totaling five retail units and two residential apartments, plus one separate freestanding building historically used as an auto detailing shop. The complex comprises three separate lots that are configured and offered as a single package, and it is situated on a corner lot with ample parking. The property has undergone recent capital improvements including HVAC and plumbing upgrades, roof replacements, and partial

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$245k
Assessed land$135k
Assessed improvement$110k
Effective rate2.83%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$255k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$127 – $250
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C4
The intent of this district is to provide Highway Business including Commercial day care, Antiques, second hand shop, consignment shop
General categoryCOMMERCIAL
JurisdictionCRANSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.0
Travel Agency9.0
Veterinary Clinic8.8

Location

508 Reservoir Ave Cranston, RI 02910-1730
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Crossway, Cranston, RI 02910 $300,000 Jun 2025 1,562 SF
541 Pontiac, Cranston, RI 02910-4736 $220,000 Mar 2025 1,850 SF
749 Park, Cranston, RI 02910-2136 $280,000 Aug 2024 1,596 SF
680 Reservoir, Cranston, RI 02910-3226 $775,000 Jul 2024 1,443 SF
686 Reservoir, Cranston, RI 02910-3226 $450,000 Jul 2024 1,256 SF
1053 Park, Cranston, RI 02910-3239 $215,000 May 2024 1,668 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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