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Property profile & analytics

1443 Park Ave Cranston, RI 02920-6632

  • Showrooms
  • 1,960 SF
  • 0.25 lot acres
OFF-MARKET
Value Estimations
$355,000
Show details
Cap Rate Potential
7.9%
Showrooms
Location Intelligence
Property ID
US76-0148883
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.

Current Use by Public Records

  • Farley David B DC / Chiropractor
  • Traister Medical Group / Medical Group
  • Farley & Associates Inc / Chiropractor

Property Details for 1443 Park Ave

Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.25 lot acres
Property size
1,960 SF
Zone code
C2
Property type
Showrooms
APN
CRAN M:11-2 L:3582 U:
APU
CRANM112L3582U

Description

This exceptional free-standing medical office building, located in Cranston's desirable Knightsville section, offers 1,960 square feet of well-maintained space ideal for professional use. The single-tenant building boasts excellent visibility and accessibility, making it an attractive option for a variety of businesses. The property sits on a 10,715 square foot lot and includes ample off-street parking with 10 spaces available. The building is a single-story structure, offering convenient access for patients and staff. Its traditional office layout is suitable for a range of medical or professional practices. The building's excellent condition minimizes the need for immediate capital improvements, allowing for a smooth transition and immediate occupancy. The property's location within the Knightsville area provides easy access to major roadways and a variety of amenities, enhancing its appeal to both businesses and employees. This is a rare opportunity to acquire a well-established, move-in ready office building in a highly sought-after location. The single-suite configuration provides a private and efficient workspace. Don't miss this chance to own a prime commercial property in Cranston.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $295,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $385,000
    6.5%
    $355,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $413,000
    Market price range: $173k - $414k
    AI Estimate
    $323,000
    Market price range: $118k - $324k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $270,000
    Current use
    OFFICE BUILDING
    $375,000
    Change: +39% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Cranston
County
Providence
State
Rhode Island
Longitude
-71.4627
Latitude
41.7835
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
$11,000
$131,400
$256,600
$388,000
-
$0.00
$0.00
$0.00
More about this property
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