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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Industrial properties
100 Gln Rd, Cranston, RI 02920-7947
Entity Owned
~
Est. High Equity
Property ID
US76-0077747
Property summary
AI-generated overview
This Cranston, Rhode Island warehouse, located at 100 Glen Road, offers 32,475 square feet of space on a 1.3-acre lot. The property features approximately 2,000 square feet of finished office space, adding valuable administrative area. High ceilings, ranging from 12 to 14 feet clear, provide ample storage and operational height. Loading is facilitated by two drive-in doors and one tailboard, ensuring efficient goods movement. The warehouse boasts 800 amp, 480v, 3-phase power, along with municipal water and sewer, and National Grid gas and electric services. Parking is readily available with approximately 30 spaces. The property is zoned M-2 and situated within a well-established industrial park, offering convenient access to Interstates 95 and 295. Built in 1958, this warehouse presents a solid investment opportunity in a desirable location. The asking price is $2,900,000.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,905 SF
Lot
1.32 ac (57,402 SF)
Zoning code
M2
APN
CRAN M:10-2 L:778 U:
UPID
US76-0077747
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Plastic Pipe & Supply Inc Factory Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.61M
Owner & transaction history
100 Glen Cranston LLC
100 Glen Cranston LLC
since 2025
Last sale
$2.2M
2 recorded transactions
Zoning & alternative use
M2 · Cranston, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cranston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cranston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,575,000
Current use
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10% · vs last sale $2.20M (Jun 19 2025)
Last sale anchor
$2.20M
Jun 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,050
Tax year 2023
Assessed value
$1,024,700
Assessed 2023
Previous assessed
$1,024,700
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$247,500
Assessed improvement
$777,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
29,905 SF
Lot
1.32 ac (57,402 SF)
Zoning code
M2
APN
CRAN M:10-2 L:778 U:
UPID
US76-0077747
Jurisdiction
CRANSTON
Zoning & alternative use
M2 · Cranston, RI
Zoning M2 · permitted uses
M2 · Cranston, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cranston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
1.32 ac
Current owner
From public records · entity-resolved
100 Glen Cranston LLC
Entity
Mailing address
2091 NOOSENECK HL RD, COVENTRY, RI 02816-6709
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
$2,200,000
100 Glen Cranston LLC
100 Glen Road LLC
Warranty Deed
$1,650,000 · Mechanics Cooperative Bank
Jun 24, 2020
$750,000
Mtm Dev Corp
Plastic Pipe & Supply INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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