Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    45 Old Flt Riv Rd Old Flt Riv Rd Coventry, RI 02816

    For Sale
    $700,000

    100K SF Mill Building, 2-Acre Pond

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 100,188 square foot industrial property in Coventry, Rhode Island, presents a unique investment opportunity. Located at 45 Old Flat River Road, 02816, this property features a substantial mill building constructed in 1900, currently offered "as is." The building's past use was for storage, offering considerable potential for redevelopment or repurposing. The expansive lot size includes a significant asset: a two-acre pond. The property is equipped with a septic system. This versatile property is zoned for commercial, manufacturing, residential, and institutional uses, providing flexibility for a wide range of development projects. The property's location in Kent County, Rhode Island, offers convenient access to major transportation routes and amenities. The asking price for this substantial property is $700,000. This represents a compelling opportunity for investors seeking a large-scale project with significant upside potential. The property's size and unique features make it ideal for a variety of uses, from industrial to residential development. Serious inquiries are encouraged to explore the possibilities of this remarkable property.

    Property Features for 45 Old Flt Riv Rd Old Flt Riv Rd

    General Information

    Property type
    Government properties

    Building Details

    Year Built
    1900
    Buildings
    1

    HighLights

    • $700,000 asking price.
    • 100,188 square foot lot.
    • Located at 45 Old Flat River Road, Coventry, RI 02816.
    • 1900‑built, single building on the property.
    • Property includes a 2‑acre pond and existing septic system.
    • Designated as Commercial, Manufacturing, and Residential land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.635285
    Latitude
    41.703788

    Nearby Similar for Sale

    • $699,900
      0.11 Acres

      Riverfront Restaurant, Bar, Apartments

      Renovated waterfront restaurant, bar, and apartments in Coventry, RI.
      1152 Main St, Coventry, RI 02816
      View Details
    • $699,900
      0.11 Acres

      Riverfront Restaurant, Bar, Apartments

      Renovated restaurant, bar, and apartments in a high-traffic location.
      1152 Main St, Coventry, RI 02816
      View Details
    • Contact for pricing

      Coventry Commercial Condo with Garage

      Versatile commercial condo with garage, office, and storage space.
      1010 Tiogue Ave, Coventry, RI 02816
      View Details
    • $1,450,000
      2.50 Acres

      Mixed-Use Commercial Property Available

      18,500 sq ft mixed-use property with vacant suites.
      1193 Tiogue Ave, Coventry, RI 02816
      View Details
    • Contact for pricing
      1.87 Acres

      Coventry Commercial Space For Sale

      Versatile commercial space with high visibility and convenient access.
      1049 Tiogue Ave, Coventry, RI 02816
      View Details
    • Contact for pricing
      2.50 Acres

      Coventry Office Space Available

      5000 SF office space for sale in Coventry, RI.
      1193 Tiogue Ave Unit, Coventry, RI 02816
      View Details

    FAQs

    What type of property is this?
    Government property - 100K SF Mill Building, 2-Acre Pond
    Where is this government property located?
    The property is located at 45 Old Flt Riv Rd Old Flt Riv Rd Coventry, RI.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price.; 100,188 square foot lot.; Located at 45 Old Flat River Road, Coventry, RI 02816.
    Request Owner's contact information
    45 Old Flt Riv Rd Old Flt Riv Rd Coventry, RI 02816
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    45 Old Flt Riv Rd Old Flt Riv Rd
    Coventry, RI 02816
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    45 Old Flt Riv Rd Old Flt Riv Rd Coventry, RI 02816
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.