Property profile

1150 Reservoir Ave L1 Cranston, RI 02920

OFF-MARKET
Office Spaces
Property ID
US76-0169176
1,099 SF 0.08 ac lot Built 1986
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,099 SF
Lot 0.08 ac (3,305 SF)
Zoning code C1
APN CRAN M:9-2 L:156 U:1
UPID US76-0169176

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
  • Physician
  • Physician
  • Eye Care Center Optician
  • Rehabilitation Center Occupational Therapist
  • Physician

Location

1150 Reservoir Ave, Unit L1 Cranston, RI 02920-6068
Cranston metro Census 13900 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2014
2 recorded transactions
2014
$395,000
2012
$1

Zoning & alternative use

C1 · Cranston, RI
Zoning description

The intent of this district is to provide Office business including Commercial day care, Antiques, second hand shop, consignment shop

General category COMMERCIAL

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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