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Property profile & analytics
OFF-MARKET
Specialty properties
1140 Park Ave Cranston, RI 02910-3146
Individually Owned
9-yr Hold
Free & Clear
Property ID
US76-0091523
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1951
Total area
1,660 SF
Lot
0.16 ac (7,000 SF)
Zoning code
C1
APN
CRAN M:9-4 L:1816 U:
UPID
US76-0091523
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
-
Korean American Association of Rhode Island Charitable Organization Social Service Agency
-
SOLACE Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Korean American Assoc · 9 yrs held
Korean American Assoc
since 2017
2 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2017Property tax & assessments
Tax year 2017
Tax billed
$7,305
Tax year 2017
Assessed value
$240,500
Assessed 2023
Previous assessed
$240,500
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$58,700
Assessed improvement
$181,800
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
1951
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
1,660 SF
Lot
0.16 ac (7,000 SF)
Zoning code
C1
APN
CRAN M:9-4 L:1816 U:
UPID
US76-0091523
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
1951
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Korean American Assoc
Individual
Free & Clear · 9 yrs held
Mailing address
1140 PARK AVE, CRANSTON, RI 02910-3146
Ownership since
2017
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
Jul 10, 2017
$195,000
Korean American Assoc
Dovalle-fogell,sandra P
Warranty Deed
—
Jan 11, 2002
$200,000
Sandra P Dovale
Saccocia,james F
Grant Deed
$190,000 · Sovereign Bank
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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