Individually Owned Property summary
AI-generated overview
This exceptional 968-square-foot retail or office space at 410 Tiogue Avenue in Coventry, Rhode Island, offers a unique blend of tranquility and high visibility. Situated on a 24,394-square-foot lot, this single-tenant building boasts a spectacular setting overlooking Lake Tiogue. The two-story building features a single suite with two separate entrances, providing both convenience and privacy. The property includes 24 parking spaces for ample client and employee parking. Inside, you'll find central air conditioning and a security alarm system. Enjoy the peace and quiet of the lake view from your office or outdoor deck, creating an impressive environment for clients. The property benefits from high traffic exposure and a road sign, ensuring excellent visibility for your business. Utilities are partially covered, with heat and water included in the lease, and electricity supplemented by solar panels, offering both cost savings and environmental responsibility. This is a truly remarkable opportunity to establish your business in a serene yet highly accessible location. The property's address is 410 Tiogue Avenue, Coventry, RI 02816.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1946
Construction
FRAME
Total area
5,721 SF
Lot
0.56 ac (24,394 SF)
Zoning code
2000
APN
COVE M:39 L:64
UPID
US76-0176517
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Land Surveyor
-
Training Center
-
Business Management Consultant
-
Wedding Service Photography Service
-
Telecommunications Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$435k
Owner & transaction history
since 2021
4 recorded transactions
Zoning & alternative use
2000 · Coventry, RI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$435k
Value range
$392k – $479k
±10% around blend
Estimated value / SF
$76 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$392k
blend $435k
$479k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,721 SF
Lot area
0.56 ac
Year built
1946
Stories
2
APN
COVE M:39 L:64
Zoning
2000
Assessed value
$521,200
Annual tax
$11,602
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$908k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.5 mi away · 5,229 SF
3.5 mi away · 5,083 SF
4.8 mi away · 5,802 SF
5.5 mi away · 4,560 SF
5.6 mi away · 6,093 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$435k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 54 sales
$208
-64%
Submarket 57 sales
$203
-62%
County 452 sales
$218
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $76/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$521k
Move the market yield to see immediate price impact.
Value / SF
$91
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$33k
$657k
$469k
$365k
$36k
$730k
$521k
$405k
$40k
$803k
$573k
$446k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$1.93M
1.8 mi · Jan 2026 · $322/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,602
Tax year 2024
Assessed value
$521,200
Assessed 2024
Previous assessed
$521,200
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$178,000
Assessed improvement
$343,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1946
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Bathrooms
5
Total area
5,721 SF
Lot
0.56 ac (24,394 SF)
Zoning code
2000
APN
COVE M:39 L:64
UPID
US76-0176517
Jurisdiction
COVENTRY
Zoning & alternative use
2000 · Coventry, RIZoning 2000 · permitted uses
2000 · Coventry, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Bathrooms
5
Lot
0.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
2000
Jurisdiction
Coventry, RI
Recorded code
2000
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 2000 in Coventry, RI.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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