Property profile

2214 Plainfield Pike Cranston, RI 02921

FOR SALE
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Property ID
US76-0190131
1,761 SF 0.36 ac Built 2015
Last sale Nov 2013·$300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial site located at the gateway to Western Cranston, near Interstate 295, and positioned at a high-traffic intersection with frontage that supports visibility and signage. It consists of a well-maintained building configured with a drive-thru window, and it is situated in C4 zoning. The site is served by public utilities, including gas, water, and sewer. The zoning and site configuration support a range of uses, including food service options such as QSR, coffee,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$544k
Assessed land$214k
Assessed improvement$330k
Effective rate2.83%

Value estimate

· Nov 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$3k
Operating expenses−$7k
NOI · 2.07% cap applied$21k

Realmo valuation models over county records and 46 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
Submarket average, outlier-cleaned · 163 recorded sales of this use type
Observed band · Q1–Q3$106 – $238
Qualifying comparables46

Cap rate analysis

How does the asset earn?
2.07%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C4
The intent of this district is to provide Highway Business including Commercial day care, Antiques, second hand shop, consignment shop
General categoryCOMMERCIAL
JurisdictionCRANSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.1
Dental Office17.2
Law Firm13.5

Location

2214 Plainfield Pike Cranston, RI 02921
County assessor Recorded deeds · 1 transfer 46 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
54 Olney Arnold, Cranston, RI 02921-1501 $1,500,000 May 2025 1,796 SF
140 Natick, Cranston, RI 02921-1106 $1,100,000 May 2025 3,913 SF
55 Stamp Farm, Cranston, RI 02921-3401 $973,250 Oct 2023 6,980 SF
2244 Plainfield, Cranston, RI 02921-2035 $1,250,000 Sep 2023 6,000 SF
2050 Plainfield, Cranston, RI 02921-2062 $2,100,000 May 2022 14,748 SF
950 Phenix, Cranston, RI 02921-1122 $1,500,000 Oct 2021 1,047 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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