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Financial
Distress signals
Property profile

4 Gansett Ave Cranston, RI 02920

FOR SALE
Investment properties
Property ID
US76-0407226
1,715 SF 0.05 ac lot Built 1920
Last sale Aug 2026 · $475,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Cranston, RI investment opportunity presents a three-unit mixed-use property situated on a 2,052 sq ft lot at 4 Gansett Avenue, 02920. Built in 1920, the property currently features two ground-floor commercial spaces and a three-bedroom residential unit on the second floor. All units are currently rented with long-term tenants expressing a desire to remain. Each unit benefits from separate utilities. The property offers significant potential for expansion; a fourth…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$187k
Assessed land$57k
Assessed improvement$130k

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$4k
Operating expenses−$12k
NOI · 4.05% cap applied$20k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$88 – $211
Qualifying comparables13

Cap rate analysis

How does the asset earn?
4.05%
$20k 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?
C2
The intent of this district is to provide Neighborhood Business including Commercial day care, Antiques, second hand shop, consignment shop
General categoryCOMMERCIAL
JurisdictionCRANSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility15.6
Computer & Electronic Repair10.0
Smoke and Vape Shop9.9

Location

4 Gansett Ave Cranston, RI 02920
County assessor Recorded deeds · 11 transfers 13 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1672 Cranston, Cranston, RI 02920-5037 $450,000 Mar 2025 2,128 SF
1626 Cranston, Cranston, RI 02920-5039 $300,000 Oct 2024 2,408 SF
236 Wayland, Cranston, RI 02920-1957 $370,000 Apr 2024 1,800 SF
344 Dyer, Cranston, RI 02920-7089 $107,000 Jul 2023 2,095 SF
1221 Reservoir, Cranston, RI 02920-6009 $337,000 May 2021 2,057 SF
10 Garfield, Cranston, RI 02920-7806 $195,000 Jul 2020 1,836 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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