Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1016 Park Ave Cranston, RI 02910

FOR SALE
Showrooms
Property ID
US76-0089115
3,876 SF 0.22 ac lot Built 1970
Last sale Sep 2026 · $655,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A masonry retail/commercial building located at 1016 Park Avenue in Cranston, set on a 0.22-acre parcel. The property contains two floors of open commercial space with an overall layout that can support retail, office, studio, or service-oriented uses and allows for interior customization across both levels. The space is serviced by two half bathrooms and features mini-split air conditioning for cooling throughout. Built in 1970, the property includes off-street parking and is positioned near major highways and nearby shops and amenities in Cranston.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$390k
Assessed land$128k
Assessed improvement$262k
Effective rate2.83%

Value estimate

· Nov 2026
$290k
$261k – $319k

Realmo valuation models over county records and 12 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 comparables12

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 Facility13.2
Storage Facility9.6
Locksmith9.5

Location

1016 Park Ave Cranston, RI 02910
County assessor Recorded deeds · 4 transfers 12 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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
729 Pontiac, Cranston, RI 02910-4750 $300,000 May 2025 2,400 SF
46 Wl, Cranston, RI 02910-3718 $450,000 Aug 2024 2,454 SF
176 Gansett, Cranston, RI 02910-2550 $295,000 Mar 2024 2,280 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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