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Financial
Distress signals
Property profile

99 Fletcher Ave 2 Cranston, RI 02920

FOR LEASE
Other industrial properties
Property ID
US76-0017989
13,754 SF 0.43 ac lot Built 1955
Last sale Nov 2016 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 99 Fletcher Ave in Cranston, Rhode Island, is a commercial/industrial space comprising 1,100 square feet. It features high ceilings and includes two office spaces within the interior layout, which is designed to support flexible business use. The space is suitable for light industrial purposes and is positioned with convenient access to major highways and nearby local amenities.

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 · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$555k
Assessed land$101k
Assessed improvement$454k
Effective rate2.04%

Value estimate

· Oct 2026
$375k
$338k – $413k
Submarket $/SF estimate$824k
NOI build-up
Gross scheduled income$8k
Vacancy & credit loss−$49
Operating expenses−$2k
NOI · 288.60% cap applied$6k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$86/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$60 – $113
Qualifying comparables9

Cap rate analysis

How does the asset earn?
288.60%
$6k 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?
M1
The intent of this district is to provide Restricted Industry including Manufacture of rubber and plastics
General categoryUNKNOWN
JurisdictionCRANSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.4
Realty agency14.4
Smoke and Vape Shop9.8

Location

99 Fletcher Ave, Unit 2 Cranston, RI 02920
County assessor Recorded deeds · 4 transfers 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40 Fwy, Cranston, RI 02920-7936 $900,000 Mar 2024 11,906 SF
60 Gln, Cranston, RI 02920-7947 $1,075,000 Nov 2023 14,062 SF
1725 Pontiac, Cranston, RI 02920-4477 $175,000 Jul 2023 19,768 SF
481 Dyer, Cranston, RI 02920-7036 $950,000 Aug 2021 20,404 SF
1518 Pontiac, Cranston, RI 02920-4406 $1,060,000 Jan 2021 14,810 SF
70 Gln, Cranston, RI 02920-7947 $346,000 Oct 2020 13,250 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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