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    2388 Main Rd Tiverton, RI 02878

    Sponsored
    For Sale
    $400,000

    Prime .37-acre lot, high visibility, Route 77 & 177.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional .37-acre vacant commercial lot presents a rare opportunity in the thriving town of Tiverton, Rhode Island. Strategically located at the highly visible and easily accessible intersection of Main Road (Route 77) and Bulgarmarsh Road (Route 177), this property boasts significant advantages for a wide range of commercial ventures. The site's prime location ensures excellent exposure to a substantial volume of daily traffic, maximizing potential customer reach and brand visibility. The property's size offers ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Furthermore, the convenience of readily available town water simplifies the development process, reducing upfront infrastructure costs and expediting project timelines. This is an exceptional opportunity for businesses seeking a high-traffic location with excellent visibility and accessibility in a desirable Rhode Island community. The property's central location and ample space make it an ideal site for a variety of commercial uses, from retail establishments and restaurants to professional offices and service businesses. Don't miss this chance to secure a prime commercial location in a growing market. The asking price is $400,000.

    Property Features for 2388 Main Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,117 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Building Supply Gym & Fitness Wholesale Shop Accounting Firm Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Tiverton
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.19834
    Latitude
    41.61573

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .37-acre lot, high visibility, Route 77 & 177.
    Where is this commercial real estate located?
    The property is located at 2388 Main Rd Tiverton, RI.
    What is the asking price?
    The asking price for this property is $400,000.
    (401) 624-8469
    Request Owner's contact information
    2388 Main Rd Tiverton, RI 02878
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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
    2388 Main Rd Tiverton, RI 02878
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