2270 New London Tpke Coventry, RI 02816
- Commercial real estate
- 53.88 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2270 New London Tpke
- Lot size
- 53.88 lot acres
- Property type
- Commercial real estate
Description
This exceptional 53.88-acre parcel, located at 2270 New London Turnpike in Coventry, Rhode Island (zip code 02816), presents a remarkable opportunity for residential development. The property, known as New London Preserve, boasts approved plans for a 75-lot single-family residential community. Situated in Kent County and abutting the East Greenwich town line, this site offers convenient access via two points on New London Turnpike and one on Crompton Road. Preliminary site work has already been completed, streamlining the development process. The master plan includes provisions for public water and sewer infrastructure, enhancing the desirability and value of the future homes. This expansive land offers a unique chance to create a thriving residential community in a desirable Rhode Island location. The property's strategic location and existing approvals make it an attractive investment for developers seeking a ready-to-build residential project. Detailed plans and approvals are available upon request. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential in a growing area. Don't miss this chance to build a successful residential community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coventry
- County
- Kent
- State
- Rhode Island
- Longitude
- -71.538030496579
- Latitude
- 41.665444582159
