Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Specialty properties
1060 Park Ave Cranston, RI 02910-3225
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US76-0037279
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,607 SF
Lot
0.56 ac (24,473 SF)
Zoning code
C1
APN
CRAN M:9-5 L:33 U:
UPID
US76-0037279
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
-
Gateways to Change, inc. Charitable Organization Social Service Agency
-
BNF Roofing Roofing Company General Contractor
-
KML THERAPY Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.17M
Owner & transaction history
Gateways To Change INC · 10 yrs held
Gateways To Change INC
since 2015
4 recorded transactions
Zoning & alternative use
C1 · Cranston, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to provide Office business including Commercial day care, Antiques, second hand shop, consignment shop
Zone name
Office Business
General category
COMMERCIAL
Zone area
81.28 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10%
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
$86 / 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 2015Property tax & assessments
Tax year 2015
Tax billed
$39,510
Tax year 2015
Assessed value
$1,319,600
Assessed 2023
Previous assessed
$1,319,600
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$189,700
Assessed improvement
$1,129,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
13,607 SF
Lot
0.56 ac (24,473 SF)
Zoning code
C1
APN
CRAN M:9-5 L:33 U:
UPID
US76-0037279
Jurisdiction
CRANSTON
Zoning & alternative use
C1 · Cranston, RIZoning C1 · permitted uses
C1 · Cranston, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to provide Office business including Commercial day care, Antiques, second hand shop, consignment shop
Zone name
Office Business
General category
COMMERCIAL
Zone area
81.28 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Gateways To Change INC
Entity
Mailing address
1060 PARK AVE, CRANSTON, RI 02910-3225
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2015
$1,200,000
Gateways To Change INC
Centurion Fin Group LLC
Quit Claim Deed
$1,100,000 · Muriel Zuckerberg
Mar 25, 2011
—
Centurion Fncl Grp LLC
—
Deed Of Trust
related
$525,000 · Bluedog Investments
May 27, 2004
—
Centurion Fncl Grp LLC
—
Deed Of Trust
related
$850,000 · Washington Trust Co
Jun 12, 1990
—
R I Central Cu
—
Deed Of Trust
related
$2,000,000 · Marquette Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1060 Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
