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    10 Souza Rd Tiverton, RI 02878

    Sponsored
    For Sale
    Contact for pricing

    8.5 acres, build-to-suit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.5-acre commercial land parcel presents a unique investment opportunity in Tiverton, Rhode Island. Ideally situated at the northeast corner of Souza Road and Main Road, this property boasts significant frontage: approximately 400 feet along Main Road and 1,000 feet along Souza Road. The expansive lot offers stunning water views across Sakonnet Bay, enhancing its desirability and potential for development. Its strategic location is further amplified by its adjacency to the 64-acre Tiverton Crossing planned mixed-use development, promising synergistic growth and increased visibility. The property is classified as commercial land and is suitable for build-to-suit projects or subdivision, providing flexibility for various development scenarios. This versatile site, located at 10 Souza Road, Tiverton, RI 02878 (41.646401, -71.2017209), presents a compelling opportunity for developers seeking a prime location with exceptional visibility and future growth potential in a thriving community. The raw land offers a blank canvas for creative and profitable ventures, capitalizing on the area's natural beauty and proximity to planned development. Serious inquiries are encouraged.

    Property Features for 10 Souza Rd

    General Information

    Property type
    Land
    Lot Size
    370,260 SF

    HighLights

    • 8.5‑acre commercial land parcel in Tiverton, RI.
    • Adjacent to the 64‑acre Tiverton Crossing mixed‑use development.
    • Build‑to‑suit, raw land, or subdividable opportunity.
    • Prime corner lot at Souza Road and Main Road.
    • Approx. 400' Main Road frontage and 1,000' Souza Road frontage.
    • Sakonnet Bay water views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tiverton
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.2017209
    Latitude
    41.646401

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    FAQs

    What type of property is this?
    Land - 8.5 acres, build-to-suit potential.
    Where is this land located?
    The property is located at 10 Souza Rd Tiverton, RI.
    What are key features of this property?
    This property features: 8.5-acre commercial land parcel in Tiverton, RI.; Adjacent to the 64-acre Tiverton Crossing mixed-use development.; Build-to-suit, raw land, or subdividable opportunity.
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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
    10 Souza Rd Tiverton, RI 02878
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