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Financial
Distress signals
Property profile

761 Park Ave Cranston, RI 02910

FOR SALE
Showrooms
Property ID
US76-0161328
2,679 SF 0.12 ac lot Built 1946
Last sale Jan 2014 · $9,038
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a one-level, 2,700-square-foot commercial building located on a high-traffic street in Cranston, approximately 10 minutes from downtown Providence. It is zoned C1 and has a history of use as a medical office and a beauty salon. The interior is configured with 8 rooms, including a reception area and a large waiting room. The building has undergone fire code compliance work and features new interior paint. It includes off-street parking and is set up for a range of professional…

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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$225k
Assessed land$99k
Assessed improvement$126k
Effective rate2.84%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$265k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$8k
Operating expenses−$12k
NOI · 6.31% cap applied$35k

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

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$127 – $250
Qualifying comparables16

Cap rate analysis

How does the asset earn?
6.31%
$35k 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?
C1
The intent of this district is to provide Office 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 Facility12.9
Travel Agency8.9
Carpet & Flooring Store8.8

Location

761 Park Ave Cranston, RI 02910
County assessor Recorded deeds · 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
843 Reservoir, Cranston, RI 02910-4443 $430,000 Dec 2025 3,150 SF
986 Reservoir, Cranston, RI 02910-5122 $505,000 May 2025 2,028 SF
729 Pontiac, Cranston, RI 02910-4750 $300,000 May 2025 2,400 SF
46 Wl, Cranston, RI 02910-3718 $450,000 Aug 2024 2,454 SF
176 Gansett, Cranston, RI 02910-2550 $295,000 Mar 2024 2,280 SF
1300 Park, Cranston, RI 02910-3036 $550,000 Aug 2023 2,000 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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