710 Tiogue Ave Coventry, RI 02816
- Showrooms
- 1,500 SF
- 0.50 lot acres
Current Use by Public Records
- Showrooms
Property Details for 710 Tiogue Ave
- Year built
- 1974
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.50 lot acres
- Property size
- 1,500 SF
- Zone code
- 2000
- Property type
- Showrooms
- APN
- COVE M:38 L:77
- APU
- COVEM38L77
Description
This exceptional 40,862 square foot commercial land parcel is strategically located at 710 Tiogue Avenue in Coventry, Rhode Island, zip code 02816. Situated in Kent County, this property boasts a highly desirable corner location at the signalized intersection of Tiogue Avenue and Arnold Road, ensuring excellent visibility and accessibility. The GB General Business zoning permits a wide range of commercial development opportunities. Easy ingress and egress are facilitated by the convenient access points on both Tiogue Avenue and Arnold Road. The property benefits from strong retail synergy, with nearby established businesses including CVS, Washington Trust Bank, Metro by T-Mobile, Walgreens, and Stop & Shop, creating a vibrant and thriving commercial environment. This prime location presents a unique opportunity for developers seeking a high-traffic, well-positioned site for a new commercial venture. The asking price for this exceptional property is $1,900,000. This is a rare opportunity to acquire a significant commercial land parcel in a highly sought-after location. Don't miss out on this chance to build your business in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $715,000
- 6.5%
- $660,000
- 7%
- $605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $565,000
- Mixed-Use
- $725,000
- Hospitality
- $625,000
- Educational
- $595,000
- Residential Income
- $570,000
- Energy
- $685,000
- Income-Based Land
- $580,000
- Food Service
- $680,000
Location Insight
- Map
- Local Demand
- City
- Coventry
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5587
- Latitude
- 41.6831
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA