Realmo Analytics

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Financial
Distress signals
Property profile

316 Cranston St Providence, RI 02907

OFF-MARKET
Investment properties
Property ID
US76-0006653
12,732 SF 0.22 ac lot Built 1900
Last sale Mar 2013 · $350,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years.
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Property summary

AI-generated overview

This exceptional business opportunity is located at 316 Cranston Street in Providence, Rhode Island. Priced aggressively at $15,000, this turnkey operation is ready for immediate income generation. The business, previously operated by experienced owners, is being offered due to an overwhelming workload. This presents a unique chance for a new owner to step in and capitalize on an already established enterprise. The property itself sits on a 0.03-acre lot, offering a compact and manageable…

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

What does the county charge?
Assessed value · 2023$623k
Assessed land$121k
Assessed improvement$502k

Value estimate

· Oct 2026
$490k
$441k – $539k
Submarket $/SF estimate$1.27M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$100 – $213
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The intent of the C-2 General Commercial District is intended for more intensive commercial uses and key commercial nodes, including larg...
General categoryCOMMERCIAL
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.6
Carpet & Flooring Store9.2
Florist8.6

Location

316 Cranston St Providence, RI 02907-2408
County assessor Recorded deeds · 2 transfers 16 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
908 Broad, Providence, RI 02907-1829 $670,000 Apr 2025 4,879 SF
550 Broad, Providence, RI 02907-1445 $1,800,000 Mar 2025 5,243 SF
359 Broad, Providence, RI 02907-2219 $850,000 Sep 2024 7,699 SF
671 Broad, Providence, RI 02907-1428 $750,000 Jun 2024 6,182 SF
378 Elmwood, Providence, RI 02907-1641 $950,000 Aug 2022 11,006 SF
91 Laura, Providence, RI 02907-1610 $485,000 May 2022 5,060 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
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