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Property profile & analytics

935 Reservoir Ave Cranston, RI 02910-4437

  • Showrooms
  • 1,107 SF
  • 0.10 lot acres
OFF-MARKET
Last Sale
Nov 11, 2024
$315,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US76-0074018
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

  • Deignan Jr Edward J DDS / Dental Office
  • Lamendola Carole / Dental Office
  • LICSW David Tulli / Counselor
  • Michele Chaudhry / Physician / Medical Clinic
  • Lisa Wilson / Foster Care Service / Social Service Agency

Property Details for 935 Reservoir Ave

Year built
1956
Construction
FRAME
Lot size
0.10 lot acres
Property size
1,107 SF
Zone code
C1
Property type
Showrooms
APN
CRAN M:9-4 L:2351 U:
APU
CRANM94L2351U

Description

This exceptional Cranston, Rhode Island property at 935 Reservoir Avenue presents a unique investment opportunity. Boasting a total of 4,500 square feet of land, this versatile property encompasses a 1,107 square foot building constructed in 1956. The single-story structure is currently configured as a multi-use commercial space, suitable for a variety of businesses. Its classification includes traditional office, storefront, executive office, and even garage/parking capabilities, making it highly adaptable to diverse needs. The property's zoning allows for a range of uses, including specialty services, salons, barbershops, and even real estate-related businesses. The single unit building offers significant potential for expansion or redevelopment given the ample land area. Located in Providence County, this property benefits from its convenient Cranston address and proximity to local amenities. The asking price is $329,000, representing a compelling entry point into the Rhode Island commercial real estate market. This is an ideal opportunity for investors seeking a flexible and well-situated property with significant upside potential. The property's diverse zoning and existing infrastructure make it an attractive option for both established businesses and entrepreneurs looking to establish a presence in a thriving Rhode Island community. The 4,500 square foot lot provides ample space for future development or expansion, adding to its overall value and appeal.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Cranston
County
Providence
State
Rhode Island
Longitude
-71.449
Latitude
41.7759
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
$5,885
$94,800
$112,800
$207,600
-
$0.00
$0.00
$0.00
More about this property
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