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Property profile & analytics
OFF-MARKET
Specialty properties

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

Built 1900
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
Year built 1900
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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