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    49 Jefferson Dr Coventry, RI 02816

    For Sale
    $399,900

    Unimproved Land,Commercial - Coventry, RI

    Lot size:
    1.53 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 49 Jefferson Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Free Standing
    Lot size
    1.53 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty of Newport / East Bay / North Kingstown (401) 845-9200 [email protected]

    Listing agent The Chris Woodard Team (401) 845-9200

    Listing date Sep 25, 2025

    MLS# 1395953 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Ideal for Development

    This commercial land offering consists of four lots being sold together, presenting an opportunity for development or owner occupancy. Draft plans suggest the potential for a 20,000 square foot commercial building with parking. Subject to setbacks and municipal codes, the lots may also be built on individually. The property is located off Tiogue Avenue, offering frontage and proximity to the highway and the New England center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.574927
    Latitude
    41.678621

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    FAQs

    What type of property is this?
    Land - Four commercial lots totaling 1.53 acres, ideal for development.
    Where is this land located?
    The property is located at 49 Jefferson Dr Coventry, RI.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Four lots being sold together, ideal for development or owner occupancy.; - Located right off Tiogue Ave, minutes from the highway and busy center of New England.; - Draft plans available showing a 20k sq ft commercial building with parking.
    (401) 845-9200
    Request Owner's contact information
    49 Jefferson Dr Coventry, RI 02816
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    Coventry, RI 02816
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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

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    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
    49 Jefferson Dr Coventry, RI 02816
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