Property profile

2220 Plainfield Pike Cranston, RI 02921

OFF-MARKET
Industrial properties
Property ID
US76-0032303
48,480 SF 1.93 ac lot Built 1984
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 48,480 SF
Lot 1.93 ac (84,071 SF)
Zoning code M2
APN CRAN M:36-1 L:17 U:
UPID US76-0032303

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Physician
  • Counselor Marriage Or Relationship Counselor
  • Insurance Agency

Location

2220 Plainfield Pike Cranston, RI 02921-2031
Cranston metro Census 14600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.89M
Comparable Approach Comparable
$2.91M
Blend (final) Blend
$3.34M

Owner & transaction history

since 2017
1 recorded transaction
2017
$1.9M

Zoning & alternative use

M2 · Cranston, RI
Zoning description

The intent of this district is to provide General Industry including Manufacture of rubber and plastics

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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