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Property profile & analytics
FOR SALE
Investment properties
1428 Park Ave, Cranston, RI 02920-6629
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US76-0002730
For Sale
1 / 18
$575,000
1428 Park Ave, Cranston, RI 02920-6629
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.14 ac (5,939 SF)
Zoning code
C5
APN
CRAN M:11-2 L:289 U:
UPID
US76-0002730
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
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
Process Rigp Civil · 7 yrs held
Process Rigp Civil
since 2018
6 recorded transactions
Zoning & alternative use
C5 · Cranston, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 2023Property tax & assessments
Tax year 2023
Assessed value
$314,400
Assessed 2023
Previous assessed
$314,400
+0.0% YoY
Assessed land
$113,300
Assessed improvement
$201,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Heating
NONE
Cooling
YES
Buildings
2
Units
2
Lot
0.14 ac (5,939 SF)
Zoning code
C5
APN
CRAN M:11-2 L:289 U:
UPID
US76-0002730
Jurisdiction
CRANSTON
Zoning & alternative use
C5 · Cranston, RI
Zoning C5 · permitted uses
C5 · Cranston, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cranston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Process Rigp Civil
Individual
Mailing address
59 CANAVAN DR, BRAINTREE, MA 02184-8249
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2018
$12,698
Process Rigp Civil
Lefas Pk Ave Realty INC
Tax Deed
related
—
Aug 2, 2016
$261,500
Lefas Park Ave Realty INC
Olympia Holdings LLC
Warranty Deed
—
Oct 14, 2014
—
Olympia Holdings LLC
A & M Properties LLC
Deed In Lieu Of Foreclosure
related
—
Aug 8, 2013
$325,000
A&m Properties
Olympia Holdings LLC
Warranty Deed
$340,000 · Olympia Mortgage Corp
Aug 8, 2013
—
Olympia Holdings LLC
Calenda,paul
Warranty Deed
—
Oct 15, 2004
$115,000
Kevin Lynch
Luther,paul
Grant Deed
$115,000 · Zenon Grzybowski
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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