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    888 Reservoir Ave Cranston, RI 02910-4414

    • Showrooms
    • 9,575 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $1,280,000
    Last Sale
    Jul 01, 2021
    $1,150,000
    Location Intelligence
    Property ID
    US76-0050360
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Joshua Slovin - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Speak With Me RI, LLC / Speech Pathologist
    • ODU Law Firm, LLC / Law Firm
    • FedEx Drop Box / Mailing Service
    • Daniel Gamm - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service

    Property Details for 888 Reservoir Ave

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    9,575 SF
    Zone code
    C1
    Property type
    Showrooms
    APN
    CRAN M:9-3 L:2759 U:
    APU
    CRANM93L2759U

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,015,000
      6.5%
      $1,120,000
      7%
      $1,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,020,000
      Geo Method
      $1,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,240,000
      Retail
      $1,035,000
      Mixed-Use
      $1,120,000
      Hospitality
      $935,000
      Educational
      $1,270,000
      Residential Income
      $1,140,000
      Energy
      $1,085,000
      Income-Based Land
      $955,000
      Food Service
      $1,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4469
    Latitude
    41.7767
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,647
    $274,000
    $948,100
    $1,222,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,091 SF

      100 Sabra St

      SHOW ROOM, WAREHOUSE • 20,091 SF
      100 Sabra St, Cranston, RI 02910-1031
      View Details
    • Value Estimation by Request
      105,000 SF

      1500 Elmwood Ave

      SHOW ROOM, WAREHOUSE • 105,000 SF
      1500 Elmwood Ave, Cranston, RI 02910-3818
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    • Value Estimation by Request
      6,137 SF

      615 Reservoir Ave

      SHOW ROOM, WAREHOUSE • 6,137 SF
      615 Reservoir Ave, Cranston, RI 02910-1633
      View Details
    • Value Estimation by Request
      24,999 SF

      48 Molter St

      SHOW ROOM, WAREHOUSE • 24,999 SF
      48 Molter St, Cranston, RI 02910-1064
      View Details
    • Value Estimation
      $375,000
      3,648 SF

      1022 Reservoir Ave

      SHOW ROOM, WAREHOUSE • 3,648 SF
      1022 Reservoir Ave, Cranston, RI 02910-5122
      View Details
    • Value Estimation
      $370,000
      2,520 SF

      708 Reservoir Ave

      SHOW ROOM, WAREHOUSE • 2,520 SF
      708 Reservoir Ave, Cranston, RI 02910-3237
      View Details

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    • Contact for pricing
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      Adaptable commercial space suitable for retail, office, or fitness.
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    Similar Nearby for Lease

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      Freestanding retail building with high visibility and ample parking.
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      View Details
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      3,800 SF

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      First floor retail space with high visibility and ample parking.
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      View Details
    • Contact for pricing
      7,650 SF

      Retail Space Near I-95

      Retail property located on a busy section of Reservoir Avenue.
      460 Reservoir Ave, Cranston, RI 02910
      View Details
    • $9 SF/Yr
      55,023 SF

      Weingeroff Blvd Warehouse Space Available

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    • $3,850 /Mo
      2,100 SF

      Stand-Alone Building with Fenced Space

      2100 SF stand-alone building with fenced outdoor space.
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    • $11 SF/Yr
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      Cranston Office Space For Rent

      3,300 SF office space in business park location.
      100 Niantic Ave, Cranston, RI 02910
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    888 Reservoir Ave
    Cranston, RI 02910-4414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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