Property profile

11 Sharpe Dr Cranston, RI 02920

OFF-MARKET
Industrial properties
Property ID
US76-0129186
8,680 SF 2.04 ac lot Built 1986
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 8,680 SF
Lot 2.04 ac (88,749 SF)
Zoning code M2
APN CRAN M:13 L:46 U:
UPID US76-0129186

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Logistics Company Trucking Company

Location

11 Sharpe Dr Cranston, RI 02920-4402
Cranston metro Census 14200 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
$695k
Comparable Approach Comparable
$984k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2022
Last sale
$1.2M
4 recorded transactions
2022
$1.2M
2014
$710,000
1996
$425,000
1969
Price N/A

Zoning & alternative use

M2 · Cranston, RI
Zoning description

The intent of this district is to provide General Industry including Manufacture of rubber and plastics

General category UNKNOWN
Top alternative use upside
Office building $1.7M +122.5%
Commercial (general) $1.2M +60.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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