Property profile

51 Washington Ave Cranston, RI 02920

OFF-MARKET
Industrial properties
Property ID
US76-0048748
26,449 SF 0.49 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,449 SF
Lot 0.49 ac (21,200 SF)
Zoning code M2
APN CRAN M:7-2 L:75 U:
UPID US76-0048748

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
  • Car Rental Facility
  • Storage Facility

Location

51 Washington Ave Cranston, RI 02920-7828
Cranston metro Census 14100 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
$2.13M
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2022
Last sale
$1.8M
6 recorded transactions
2024
Price N/A
2022
Price N/A
2022
$1.8M
2022
$1.4M
2020
Price N/A
2016
Price N/A

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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