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    Property profile & analytics

    942 Park Ave Cranston, RI 02910-2708

    • Investment properties
    • 2,815 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US76-0001201
    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

    • Cappello George M LTD / Estate Planning Attorney / Attorney

    Property Details for 942 Park Ave

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    2,815 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CRAN M:9-5 L:185 U:
    APU
    CRANM95L185U

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $370,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $395,000
      Mixed-Use
      $325,000
      Hospitality
      $300,000
      Educational
      $385,000
      Residential Income
      $375,000
      Energy
      $315,000
      Income-Based Land
      $300,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Cranston
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.4401
    Latitude
    41.7807
    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
    $0.00
    $124,400
    $209,200
    $333,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.70 Acres

      684 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.70 Acres
      684 Park Ave, Cranston, RI 02910-2114
      View Details
    • Value Estimation
      $430,000
      1,512 SF

      749 Reservoir Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,512 SF
      749 Reservoir Ave, Cranston, RI 02910-4430
      View Details
    • Value Estimation
      $255,000
      4,192 SF

      602 Reservoir Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,192 SF
      602 Reservoir Ave, Cranston, RI 02910-1604
      View Details
    • Value Estimation by Request
      2,564 SF

      618 Reservoir Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,564 SF
      618 Reservoir Ave, Cranston, RI 02910-1604
      View Details
    • Value Estimation
      $270,000
      2,599 SF

      1 Rolfe Sq

      OFFICE/RESIDENTIAL (MIXED USE) • 2,599 SF
      1 Rolfe Sq, Cranston, RI 02910-2809
      View Details
    • Value Estimation
      $355,000
      1,320 SF

      1300 Elmwood Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,320 SF
      1300 Elmwood Ave, Cranston, RI 02910-2201
      View Details

    Similar Nearby for Sale

    • $799,000
      Pending

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      Commercial property in Cranston, RI, with highway access and customization options.
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      Cranston Office Building - $559,900

      Prime Cranston location, renovated office space.
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      Cranston Commercial Property - Huge Potential

      Mixed-use building, 2200 sqft, 0.13 acres
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      Versatile Commercial Property in Cranston

      Two commercial properties in high-traffic location with diverse potential.
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    Similar Nearby for Lease

    • $9 SF/Yr
      55,023 SF

      Weingeroff Blvd Warehouse Space Available

      10,296 SF Warehouse, Ample Parking
      1 Weingeroff Blvd, Cranston, RI 02910
      View Details
    • $15 SF/Yr
      3,800 SF

      Spacious Retail Space on Park Avenue

      First floor retail space with high visibility and ample parking.
      684 Park Ave, Cranston, RI 02910
      View Details
    • $11 SF/Yr
      3,300 SF

      Cranston Office Space For Rent

      3,300 SF office space in business park location.
      100 Niantic Ave, Cranston, RI 02910
      View Details
    • $3,850 /Mo
      2,100 SF

      Stand-Alone Building with Fenced Space

      2100 SF stand-alone building with fenced outdoor space.
      445 Niantic Ave, Cranston, RI 02910
      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
    • $15 SF/Yr
      10,570 SF

      Retail Space on Park Avenue

      Freestanding retail building with high visibility and ample parking.
      1010 Park Ave, Cranston, RI 02910
      View Details
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    942 Park Ave
    Cranston, RI 02910-2708
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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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