6 Reservoir Rd Reservoir Rd Coventry, RI 02816
This exceptional commercial land opportunity in Coventry, Rhode Island, presents a fantastic investment prospect. Located at 6 Reservoir Road, this property encompasses a substantial 67,082 square feet and comprises two lots totaling approximately 2.53 acres. Lot 99, spanning 1.53 acres, is zoned General Business 1 and features a residential structure at the rear. Lot 98, a 1-acre parcel, is currently zoned residential but a zoning change to General Business 1 is anticipated to be straightforward. The property boasts excellent visibility and accessibility, situated on a corner lot at a traffic light intersection of Route 3 and Reservoir Road. Essential utilities, including sewer and water, are readily available. Its strategic location offers convenient proximity to Route 95, just one mile away. The property's size and zoning allow for potential subdivision, making it suitable for a variety of commercial developments. The seller is open to considering lease options, providing flexibility for potential buyers. This prime location and versatile zoning make this a truly unique opportunity for investors and developers alike. Bring your vision and capitalize on this exceptional offering.
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
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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.