Property profile

129 Calder St Cranston, RI 02920

OFF-MARKET
Industrial properties
Property ID
US76-0083742
2,450 SF 0.26 ac lot Built 1960
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,450-square-foot commercial property located at 129 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, providing ample space for operations and client convenience. Its strategic location offers easy access to key transportation routes and amenities, enhancing its appeal for a diverse range of businesses. A significant advantage is its adjacency to 121 Calder Street, also available for purchase, presenting a compelling opportunity for expansion. Whether you seek to establish a new venture or expand existing operations, this property offers the versatility and space to accommodate your needs. The combination of its size, zoning, and parking makes it a rare find in the Cranston market. This property is priced at $499,000. Please note that pre-approval is required before scheduling a viewing.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,450 SF
Lot 0.26 ac (11,291 SF)
Zoning code M1
APN CRAN M:11-2 L:3700 U:
UPID US76-0083742

Cap rate & NOI

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

Location

129 Calder St Cranston, RI 02920
Cranston metro Census 14300 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
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Value estimations

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

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2013
Price N/A
2013
$1
2006
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
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