2502 CRAN HWY
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Location
2502 CRAN HWY
Mblu
109/A 1/ 1027/ /
Acct#
Owner
E.L.M. REAL ESTATE LLC
Total Market Value
$2,449,400
Appraisal
$2,449,400
PID
11148
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$1,654,500$794,900$2,449,400
Assessment
Valuation YearImprovementsLandTotal
2026$1,654,500$794,900$2,449,400

Owner of Record
OwnerE.L.M. REAL ESTATE LLC
Co-Owner
Address2030 NOOSENECK HILL ROAD
COVENTRY , RI 02816
Sale Price$1,890,000
Certificate
Book & Page 50065/0022
Sale Date07/20/2018
Instrument1C

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
E.L.M. REAL ESTATE LLC$1,890,000 50065/00221C07/20/2018
MORSE CO INC EDWIN L$100 35789/02631B03/31/2008
MORSE CO INC, EDWIN L$1 2922/0173 01/01/1901

Building Information
Building 1 : Section 1
Year Built: 1945
Living Area: 9,195
Replacement Cost: $865,576
Building Percent Good: 69
Replacement Cost
Less Depreciation:
$597,200
Building Attributes
FieldDescription
Style:Commercial
ModelInd/Lg Com
GradeAve
Stories:2
Occupancy1.00
Exterior Wall 1Clapboard
Exterior Wall 2Vinyl Siding
Roof StructureGable/Hip
Roof CoverAsphalt Shing
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Vinyl Tile
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Hot Air
AC TypeCentral
Bldg UseLUMBER YRD
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:3130
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 5,540 5,540
AOFOffice, (Avg) 2,820 2,820
FHSFin Half Story 900 675
FUSUpper Story 160 160
CANCanopy 240 0
CCLCath Clg 1,320 0
CRLCrawl Space 300 0
FEPEnclosed Porch 84 0
FOPOpen Porch 80 0
UBMBasement Unfin 5,200 0
WDKDeck, Wood 403 0
   17,047 9,195
Building 2 : Section 1
Year Built: 2008
Living Area: 17,775
Replacement Cost: $776,082
Building Percent Good: 88
Replacement Cost
Less Depreciation:
$683,000
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Pre-Eng Warehs
ModelInd/Lg Com
GradeFair
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minimal
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelNone
Heating TypeNone
AC TypeNone
Bldg UseLUMBER YRD
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3130
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 17,575 17,575
AOFOffice, (Avg) 200 200
CANCanopy 4,440 0
   22,215 17,775
Building 3 : Section 1
Year Built: 1989
Living Area: 6,580
Replacement Cost: $394,299
Building Percent Good: 79
Replacement Cost
Less Depreciation:
$311,500
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Pre-Eng Warehs
ModelInd/Lg Com
GradeBelow Ave
Stories:1
Occupancy1.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Pre-finsh Metl
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minimal
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelNone
Heating TypeNone
AC TypeNone
Bldg UseLUMBER YRD
Total Rooms 
Total Bedrms0
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height25.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 6,580 6,580
CANCanopy 672 0
CLPLoading Platform, Finished 300 0
   7,552 6,580

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ1MEZZANINE-UNF2000.00 S.F.$31,6003

Land
Land Use
Use Code3130
DescriptionLUMBER YRD  
ZoneSC
Neighborhood8000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.36
Frontage0
Depth0
Total Market Land$794,900
Appraised Value$794,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  10000.00 S.F.$15,0001
PAV1PAVING-ASPHALT  2000.00 S.F.$3,0003
FN3FENCE-6' CHAIN  700.00 L.F.$10,9001
SGN3W/INT LIGHTS  60.00 S.F.&HGT$2,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$1,654,500$794,900$2,449,400
2025$1,654,500$595,000$2,249,500
2024$1,389,700$397,200$1,786,900

Assessment
Valuation YearImprovementsLandTotal
2026$1,654,500$794,900$2,449,400
2025$1,654,500$595,000$2,249,500
2024$1,389,700$397,200$1,786,900

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