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    275 Phenix Ave Cranston, RI 02920

    Sponsored
    For Sale
    Contact for pricing

    Prime Cranston land, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.93-acre parcel is strategically located at the signalized intersection of Phenix Avenue and Scituate Avenue in Cranston, Rhode Island, offering unparalleled accessibility. The property boasts easy ingress and egress via Phenix Avenue and Whiting Street, ensuring convenient traffic flow. All utilities are already in place on-site, simplifying development plans and reducing upfront costs. Its prime location provides effortless access to major transportation arteries, including Routes 295, I-95, and Route 6/10, connecting businesses and residents to Providence and T.F. Green Airport within minutes. The site's proximity to a variety of amenities, including medical facilities, retail shopping centers, and diverse dining options, adds significant value and appeal. This versatile land presents a unique opportunity for developers seeking a highly visible and accessible location for a mixed-use project in a thriving Rhode Island community. The property's zoning and potential uses should be verified independently. The address is 275 Phenix Avenue, Cranston, RI 02920, within Providence County.

    Property Features for 275 Phenix Ave

    General Information

    Property type
    Land
    Lot Size
    301,871 SF

    HighLights

    • 6.93‑acre land parcel in Cranston, RI.
    • Located at the signalized intersection of Phenix Ave & Scituate Ave.
    • Excellent access via Phenix Ave and Whiting St.
    • All utilities available on‑site.
    • Minutes from Providence and T.F. Green Airport.
    • Close proximity to medical facilities, retail, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4764784
    Latitude
    41.7793856

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    FAQs

    What type of property is this?
    Land - Prime Cranston land, ideal for mixed-use development.
    Where is this land located?
    The property is located at 275 Phenix Ave Cranston, RI.
    What are key features of this property?
    This property features: 6.93-acre land parcel in Cranston, RI.; Located at the signalized intersection of Phenix Ave & Scituate Ave.; Excellent access via Phenix Ave and Whiting St.
    (401) 273-2052
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    275 Phenix Ave 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
    275 Phenix Ave Cranston, RI 02920
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