0 Highland Rd Tiverton, RI 02878
This exceptional 2.16-acre commercial land parcel in Tiverton, Rhode Island, presents a unique opportunity for development. Located on Highland Road in Newport County (zip code 02878), this property boasts stunning water views and a prime location south of the Sakonnet River Bridge. The land is zoned R40, offering flexibility for various commercial ventures. A stone wall-lined driveway adds to the property's appeal. Enjoy both privacy and convenience, with easy access to major routes like Route 24 and I-195, just minutes away. The area offers a charming seaside village atmosphere, with nearby restaurants such as the Black Goose Café, Red Dory, and Coastal Roasters. This elevated lot provides tranquility and captivating water vistas, enhanced by a natural noise barrier. Part of a select subdivision on Highland Avenue, this over two-acre parcel is a rare find in a highly desirable coastal community. The property's generous size and strategic elevation provide an ideal canvas for a custom-designed commercial project. Please note that final town board approval on land subdivision is subject to review. This is an exceptional opportunity to build your dream commercial venture in a picturesque setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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