Property profile

121 Calder St Cranston, RI 02920

FOR SALE
Industrial properties
Property ID
US76-0034784
1,302 SF 0.14 ac lot Built 1986
Individually Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,302-square-foot commercial property located at 121 Calder Street in Cranston, Rhode Island, presents a unique investment or business opportunity. Currently zoned M1, it's ideally suited for light industrial uses. The property boasts a convenient garage and substantial parking, making it highly functional and attractive to a variety of businesses. Its strategic location offers easy access to key transportation routes and amenities. A significant advantage is its adjacency to 129 Calder Street, also available for purchase, providing an excellent opportunity for expansion. This could be particularly beneficial for businesses requiring additional space, increased parking capacity, or the addition of another building to their operations. The 0.14-acre lot provides ample room for maneuvering and potential future development. This versatile property is perfect for entrepreneurs seeking a well-equipped space or investors looking for a strong return. Pre-approval is required before scheduling a viewing. This is a rare find in Cranston's commercial real estate market. Don't miss this chance to secure a prime location for your business venture or investment portfolio.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,302 SF
Lot 0.14 ac (6,239 SF)
Zoning code M1
APN CRAN M:11-2 L:4028 U:
UPID US76-0034784

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
  • Car Wash
  • General Contractor Construction Company
  • Car Rental Facility
  • Big Box & Wholesale Store

Location

121 Calder St Cranston, RI 02920
Cranston metro Census 14300 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2017
$90,000
2013
Price N/A
2013
$32,500
2013
Price N/A

Zoning & alternative use

M1 · Cranston, RI
Zoning description

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

General category UNKNOWN

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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message