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    Property profile & analytics

    1080 Tiogue Ave Coventry, RI 02816-6107

    • Showrooms
    • 3,600 SF
    • 2.03 lot acres
    OFF-MARKET
    Value Estimation
    $570,000
    Location Intelligence
    Property ID
    US76-0141878
    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.

    Current Use by Public Records

    • Showrooms

    Property Details for 1080 Tiogue Ave

    Year built
    2008
    Construction
    STEEL FRAME
    Lot size
    2.03 lot acres
    Property size
    3,600 SF
    Zone code
    8842
    Property type
    Showrooms
    APN
    COVE M:28 L:47-001
    APU
    COVEM28L47001

    Description

    This exceptional 3,600 square foot free-standing restaurant building presents a unique opportunity in the Coventry submarket of Rhode Island. Situated on a generous 2-acre lot at 1080 Tiogue Avenue, southwest corner of Morningside Drive and Tiogue Avenue (APN 28-047, Zoning: GB General Business), this single-tenant property offers significant potential. The building boasts a modern design, abundant natural light, and is currently vacant. The spacious layout is ideal for a variety of culinary concepts. The existing structure is in good condition and features natural gas heat. Previously operated as a barbeque restaurant, this location provides ample space for both indoor dining and outdoor seating or additional parking, leveraging the expansive land area. The property's address is 1080 Tiogue Ave, Coventry, RI 02816. This turnkey opportunity is ready for immediate occupancy and customization to suit a new operator's vision. The property is zoned for general business use, offering flexibility for potential expansion or complementary businesses. This location provides excellent visibility and accessibility.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $670,000
      6.5%
      $665,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $625,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $550,000
      Mixed-Use
      $600,000
      Hospitality
      $565,000
      Educational
      $600,000
      Residential Income
      $610,000
      Energy
      $715,000
      Income-Based Land
      $605,000
      Food Service
      $690,000

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5792
    Latitude
    41.6788
    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
    $20,252
    $487,200
    $422,600
    $909,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      22,218 SF

      2006 Nooseneck Hl Rd

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      13,389 SF

      121 Sandy Btm Rd

      SHOW ROOM, WAREHOUSE • 13,389 SF
      121 Sandy Btm Rd, Coventry, RI 02816-5865
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    • Value Estimation by Request
      3,428 SF

      1165 Tiogue Ave

      SHOW ROOM, WAREHOUSE • 3,428 SF
      1165 Tiogue Ave, Coventry, RI 02816-6108
      View Details
    • Value Estimation by Request
      22,760 SF

      719 Tiogue Ave

      SHOW ROOM, WAREHOUSE • 22,760 SF
      719 Tiogue Ave, Coventry, RI 02816-5803
      View Details
    • Value Estimation by Request
      2,034 SF

      732 Tiogue Ave

      SHOW ROOM, WAREHOUSE • 2,034 SF
      732 Tiogue Ave, Coventry, RI 02816-5806
      View Details

    Similar Nearby for Sale

    • $574,900

      Prime Coventry Commercial Property

      Two Buildings, High Visibility, Multiple Uses
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    • $1,679,000

      Benjamin Square: Mixed-Use Investment

      Coventry, RI: Prime Mixed-Use Opportunity
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    • Contact for pricing
      Pending

      Coventry Retail/Office Space Available

      4400 sq ft commercial space in high-traffic Coventry Plaza.
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      4.90 Acres

      Coventry Commercial Property For Sale

      High-traffic location suitable for office, retail, or professional use.
      2435 Nooseneck Hill Rd, Coventry, RI 02816
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      1.87 Acres

      Coventry Commercial Space For Lease

      1,430 sq ft commercial space on busy Tiogue Avenue.
      1049 Tiogue Ave, Coventry, RI 02816
      View Details
    • Contact for pricing
      7,871 SF

      Mixed-Use Property with Parking

      Mixed-use property featuring retail, residential, and parking.
      26 Lamphear St, Coventry, RI 02816
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    Similar Nearby for Lease

    • $2,300 /Mo
      2,000 SF

      Coventry Retail Space Available

      2000 sq ft commercial space in fully occupied strip mall.
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      View Details
    • $15 SF/Yr

      Versatile Coventry Commercial Space Available

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    • Contact for pricing
      4,000 SF

      Retail Pad Building For Rent

      Retail pad building with great access and strong parking.
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    • $15 SF/Yr
      25,000 SF

      Dollar Tree Plaza Retail Center

      Coventry, RI: Prime Retail Space Available
      760 Tiogue Ave, Coventry, RI 02816
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    • $0.02 SF/Yr
      5,000 SF

      Benjamin Square Office Building

      5,000 SF Office Space - Lease NNN
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    • Contact for pricing
      2,018 SF

      Versatile Commercial Condo with Garage

      Commercial condo with garage, office, and storage space available.
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      View Details
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    Coventry, RI 02816-6107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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