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    710 Tiogue Ave Coventry, RI 02816

    Sponsored
    For Sale
    $1,900,000

    Prime 40,862 SF commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 40,862 square foot commercial land parcel is strategically located at 710 Tiogue Avenue in Coventry, Rhode Island, zip code 02816. Situated in Kent County, this property boasts a highly desirable corner location at the signalized intersection of Tiogue Avenue and Arnold Road, ensuring excellent visibility and accessibility. The GB General Business zoning permits a wide range of commercial development opportunities. Easy ingress and egress are facilitated by the convenient access points on both Tiogue Avenue and Arnold Road. The property benefits from strong retail synergy, with nearby established businesses including CVS, Washington Trust Bank, Metro by T-Mobile, Walgreens, and Stop & Shop, creating a vibrant and thriving commercial environment. This prime location presents a unique opportunity for developers seeking a high-traffic, well-positioned site for a new commercial venture. The asking price for this exceptional property is $1,900,000. This is a rare opportunity to acquire a significant commercial land parcel in a highly sought-after location. Don't miss out on this chance to build your business in a thriving community.

    Property Features for 710 Tiogue Ave

    General Information

    Property type
    Land

    HighLights

    • High‑visibility corner lot at Tiogue Avenue and Arnold Road.
    • Located on a signalized intersection.
    • Excellent access via Tiogue Avenue and Arnold Road.
    • Beneficial retail co‑tenancy.
    • Nearby national retailers include CVS, Washington Trust Bank, Metro by T‑Mobile, Walgreens, and Stop & Shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -71.5586481
    Latitude
    41.6830859

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    FAQs

    What type of property is this?
    Land - Prime 40,862 SF commercial lot, ideal for development.
    Where is this land located?
    The property is located at 710 Tiogue Ave Coventry, RI.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: High-visibility corner lot at Tiogue Avenue and Arnold Road.; Located on a signalized intersection.; Excellent access via Tiogue Avenue and Arnold Road.
    Request Owner's contact information
    710 Tiogue Ave 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

    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
    710 Tiogue Ave Coventry, RI 02816
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