Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight