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    1400 Oaklawn Ave Cranston, RI 02920
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    Property profile & analytics

    1400 Oaklawn Ave Cranston, RI 02920


    • Showrooms
    • 130,000 SF
    • 8.67 lot acres
    Cranston Retail Space Available For Lease
    $17,615,000
    8,636 SF

    Cranston Retail Space Available

    Retail space available for lease in Cranston, Rhode Island.

    1400 Oaklawn Avenue, Cranston, RI 2920
    View Listing
    Property ID
    US76-0146778
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marshalls / Department Store
    • Bob's Stores Footwear & Apparel / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • Amazon Locker - Ged / Courier Service / Postal Service
    • Jeffrey L. Jacobson, OD / Physician
    • Ide Stephen R / Physician

    Property Details for 1400 Oaklawn Ave

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    8.67 lot acres
    Property size
    130,000 SF
    Zone code
    C4
    Property type
    Showrooms
    APN
    CRAN M:18-3 L:1030 U:
    APU
    CRANM183L1030U

    Description

    Marshalls Plaza, located at 1400 Oaklawn Ave in Cranston, Rhode Island (zip code 02920), offers exceptional retail opportunities. This shopping center encompasses a total of 129,907 square feet and currently has 20,656 square feet of vacant space available for lease. The property is categorized as a multi-tenant retail space, perfect for a variety of businesses. Units range in size from a minimum of 1,400 square feet to a maximum contiguous space of 12,020 square feet, providing flexibility for businesses of varying scales. The property is situated in Providence County and boasts a convenient location with excellent visibility and accessibility. A key feature is the availability of a new pad site with a drive-thru option, presenting a unique advantage for businesses requiring this type of convenient customer access. This presents a rare opportunity to establish a presence in a well-established shopping center within a thriving Rhode Island community. The property's location offers significant potential for attracting a substantial customer base. Interested parties are encouraged to inquire about the available spaces and lease terms.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $25,595,000
      6.5%
      $23,625,000
      7%
      $21,940,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $16,294,000
      Market price range: $11.5M - $27.4M
      AI Estimate
      $12,932,000
      Market price range: $7.85M - $21.5M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $17,955,000
      Current use
      OFFICE BUILDING
      $24,885,000
      Change: +39% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.477
    Latitude
    41.7328
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $391,726
    $4,560,900
    $9,256,600
    $13,817,500
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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