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    Property profile & analytics

    834 Park Ave Park Ave Cranston, RI 02910

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 834 Park Ave Park Ave

    Year built
    1940
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This Cranston, Rhode Island retail property, located at 834 Park Avenue, presents a unique investment opportunity. The 8,276 square foot lot houses a thriving mini-market operating since 1993, specializing in Asian groceries and boasting a loyal customer base. The two-story, 1940-built building includes a substantial 3000+ square foot basement for ample storage. Recent upgrades include a new HVAC system, large walk-in freezers and refrigerators, both indoors and outdoors, ensuring efficient operation. The property offers convenient street parking and additional parking at the rear, along with a loading dock for easy access. The asking price is $1,080,000. Note that stock and inventory are not included in the sale price, but a separate negotiation can be arranged. This is a chance to own a well-established, profitable business in a desirable location. The property's strong history and recent improvements make it an attractive investment for a discerning buyer. The building consists of one unit.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4353
    Latitude
    41.7786

    Comparable in this City

    • Value Estimation by Request

      728 Pontiac Ave

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      190 Gansett Ave Gansett Ave

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      190 Gansett Ave Gansett Ave, Cranston, RI 02910
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      2,443 SF

      678 Park Ave

      Automotive properties • 2,443 SF
      678 Park Ave, Cranston, RI 02910
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      3,940 SF

      910 Park Ave

      Land • 3,940 SF
      910 Park Ave, Cranston, RI 02910
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    • Value Estimation by Request

      728 Pontiac Ave

      Office space
      728 Pontiac Ave, Cranston, RI 02910
      View Details
    • Value Estimation by Request
      20,091 SF

      100 Sabra St

      SHOW ROOM, WAREHOUSE • 20,091 SF
      100 Sabra St, Cranston, RI 02910-1031
      View Details

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    Cranston, RI 02910
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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
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