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    1025 Tiogue Ave Tiogue Ave Coventry, RI 02816

    Sponsored
    For Sale
    $574,900

    Two Buildings, High Visibility, Multiple Uses

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property in Coventry, Rhode Island, presents a unique investment opportunity. Located at 1025-1035 Tiogue Avenue, this 23,958 square foot lot features two free-standing buildings totaling over 2,600 square feet, offering high visibility from Route 3. The buildings, constructed in 1968, boast exterior vinyl siding and ample paved parking in front and rear. One building includes a finished lower level, currently configured as 2-3 rental units. The property's versatile zoning allows for a wide range of uses, including professional offices, salons, retail spaces, and more. The layout is ideal for owner-occupancy with rental income from the additional space, or as a multi-tenant investment. Consider this property for your business or as a lucrative rental investment. Owner financing may be considered, and leasing options are also available. This property is situated in Kent County, Rhode Island, zip code 02816.

    Property Features for 1025 Tiogue Ave Tiogue Ave

    General Information

    Property type
    Schools

    Building Details

    Year Built
    1968
    Buildings
    2
    Units
    1

    HighLights

    • $574,900 asking price.
    • 23,958 sq ft lot in Coventry, RI.
    • Two buildings totaling 2,600+ sq ft, with paved parking.
    • Zoned commercial, high visibility on Route 3.
    • Suitable for various uses, including office, retail, and salon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Map

    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.577427
    Latitude
    41.6798764

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    FAQs

    What type of property is this?
    School - Two Buildings, High Visibility, Multiple Uses
    Where is this school located?
    The property is located at 1025 Tiogue Ave Tiogue Ave Coventry, RI.
    What is the asking price?
    The asking price for this property is $574,900.
    What are key features of this property?
    This property features: $574,900 asking price.; 23,958 sq ft lot in Coventry, RI.; Two buildings totaling 2,600+ sq ft, with paved parking.
    Request Owner's contact information
    1025 Tiogue Ave Tiogue Ave 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
    1025 Tiogue Ave Tiogue Ave Coventry, RI 02816
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