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Property profile & analytics
OFF-MARKET
Industrial properties
17 Fletcher Ave, Cranston, RI 02920-2522
Entity Owned
2-yr Hold
Free & Clear
Property ID
US76-0019148
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1.46 ac (63,598 SF)
Zoning code
M1
APN
CRAN M:12-2 L:412 U:
UPID
US76-0019148
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
Current use
Occupant on record · Public records
-
Kanneh Construction Company Construction Company
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
Santos Invest LLC · 2 yrs held
Santos Invest LLC
since 2024
Last sale
$280,000
7 recorded transactions
Zoning & alternative use
M1 · 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 2020Property tax & assessments
Tax year 2020
Tax billed
$7,142
Tax year 2020
Assessed value
$259,100
Assessed 2023
Previous assessed
$259,100
+0.0% YoY
Effective rate
2.76%
On assessed value
Assessed land
$111,000
Assessed improvement
$148,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Units
2
Lot
1.46 ac (63,598 SF)
Zoning code
M1
APN
CRAN M:12-2 L:412 U:
UPID
US76-0019148
Jurisdiction
CRANSTON
Zoning & alternative use
M1 · Cranston, RI
Zoning M1 · permitted uses
M1 · 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
Buildings
2
Units
2
Lot
1.46 ac
Current owner
From public records · entity-resolved
Santos Invest LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1645 PONTIAC AVE, CRANSTON, RI 02920-4409
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$280,000
Santos Invest LLC
Alpha Hldg LLC
Warranty Deed
—
May 20, 2024
—
Alpha Hldg LLC
Alpha Hldg LLC
Quit Claim Deed
related
—
May 20, 2024
$125,000
Alpha Hldg LLC
Brian Lupien
Foreclosure
related
—
Feb 12, 2020
—
Providence R & E Co
Jt Fletcher LLC
Warranty Deed
—
Feb 12, 2020
$124,500
Jt Fletcher LLC
Providence R/e Co
Foreclosure
—
Nov 4, 2016
$241,252
Jt Fletcher LLC
17 Fletcher Ave LLC
Warranty Deed
—
Apr 26, 2006
$215,000
Fletcher Ave 17
Jadco Prop
Grant Deed
—
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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