1025 Tiogue Ave Coventry, RI 02816
Property profile & analytics
1025 Tiogue Ave Coventry, RI 02816
- Showrooms
- 2,576 SF
- 0.55 lot acres
Property ID
US76-0089079
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Century 21 Guardian / Real Estate Agency
- Rich Lutz @ CENTURY21 Access America / Real Estate Agency
- Coventry Learning Center / Tutoring Service
Property Details for 1025 Tiogue Ave
- Year built
- 1968
- Construction
- FRAME
- Lot size
- 0.55 lot acres
- Property size
- 2,576 SF
- Zone code
- 2000
- Property type
- Showrooms
- APN
- COVE M:28 L:8
- APU
- COVEM28L8
Description
This exceptional commercial property, located at 1025 Tiogue Avenue in Coventry, Rhode Island, presents a unique investment opportunity. The property boasts two free-standing buildings totaling over 2,640 square feet, situated on a highly visible two-acre lot along Route 3. The buildings share a joint access point and offer significant flexibility for a variety of commercial uses. Currently configured as two to three rental units, the property is zoned commercial, allowing for diverse business ventures. One building features a finished lower level, adding to its versatility. Extensive paved parking is available in front of the buildings, with additional parking located at the rear, ensuring ample space for customers and employees. The exterior is finished with durable vinyl siding. The property's prime location and substantial size make it ideal for a range of businesses, from professional offices and salons to retail establishments such as gift shops. The potential to operate a business in one building while generating rental income from the other presents a compelling investment strategy. The seller may consider leasing options. This property offers a rare combination of visibility, space, and versatility, making it an attractive proposition for discerning investors and entrepreneurs. The asking price is $574,900.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $430,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $530,000
- 6.5%
- $490,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $661,000
- AI Estimate
- $548,000
Market price range: $294k - $983kMarket price range: $210k - $697k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $535,000 Current use
- OFFICE BUILDING
- $580,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Coventry
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.5776
- Latitude
- 41.6798
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,197
$246,000
$212,100
$458,100
-
$0.00
$0.00
$0.00
