45 Old Flt Riv Rd Old Flt Riv Rd, Coventry, RI 02816
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.