Financial
Distress signals
Property profile

551 Park Ave Cranston, RI 02910

OFF-MARKET
Showrooms
Property ID
US76-0071126
6,560 SF 0.12 ac lot Built 1900
Last sale Nov 2013 · $315,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial building configured with four retail units. It is located at the intersection of Park Avenue and Elmwood Avenue. The retail units are currently leased, and the building is set up to support market-rate leasing arrangements. The structure is suitable for owner-occupant use or investment ownership given its multi-unit retail configuration.

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?
$5k
Tax billed · 2023
Assessed value$167k
Assessed land$79k
Assessed improvement$88k
Effective rate2.84%

Value estimate

· Sep 2026
$285k
$257k – $314k
Sales comparison$835k

Realmo valuation models over county records and 10 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 comparables10

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?
B2
The intent of this district is to provide Single-family dwellings on lots of minimum areas of 6,000 square feet, two-family dwellings on ...
General categoryRESIDENTIAL
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 Facility12.9
Realty agency10.3
Pharmacy9.8

Location

551 Park Ave Cranston, RI 02910
County assessor Recorded deeds · 1 transfer 10 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
350 Sta, Cranston, RI 02910-1322 $758,000 Jan 2026 7,500 SF
843 Reservoir, Cranston, RI 02910-4443 $430,000 Dec 2025 3,150 SF
615 Reservoir, Cranston, RI 02910-1633 $1,567,500 Jul 2025 6,137 SF
46 Wl, Cranston, RI 02910-3718 $450,000 Aug 2024 2,454 SF
567 Reservoir, Cranston, RI 02910-1652 $1,100,000 Feb 2024 8,068 SF
599 Reservoir, Cranston, RI 02910-1632 $1,400,000 Aug 2023 4,768 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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