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    Property profile & analytics

    500th Washington St Coventry, RI 02816-5469

    • Industrial properties
    • 14,200 SF
    • 1.12 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Location Intelligence
    Property ID
    US76-0231121
    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

    • Industrial properties

    Property Details for 500th Washington St

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.12 lot acres
    Property size
    14,200 SF
    Zone code
    6000
    Property type
    Industrial properties
    APN
    COVE M:56 L:113-016
    APU
    COVEM56L113016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $665,000
      6.5%
      $645,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $810,000
      Retail
      $685,000
      Mixed-Use
      $770,000
      Hospitality
      $710,000
      Educational
      $595,000
      Residential Income
      $795,000
      Energy
      $605,000
      Income-Based Land
      $610,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Kent
    State
    Rhode Island
    Longitude
    -71.5392
    Latitude
    41.6952
    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
    $12,368
    $257,000
    $298,600
    $555,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      1010 Tiogue Ave

      Office space
      1010 Tiogue Ave, Coventry, RI 02816
      View Details
    • Value Estimation
      $600,000
      800 SF

      75 Airport Rd Ste 1b

      CONDOMINIUMS (INDUSTRIAL) • 800 SF
      75 Airport Rd Ste 1b, Coventry, RI 02816-6554
      View Details
    • Value Estimation
      $245,000
      1,250 SF

      11 Grandview St, Unit 13

      CONDOMINIUMS (INDUSTRIAL) • 1,250 SF
      11 Grandview St, Coventry, RI 02816-4101
      View Details
    • Value Estimation by Request
      76,133 SF

      8 Industrial Dr

      INDUSTRIAL (GENERAL) • 76,133 SF
      8 Industrial Dr, Coventry, RI 02816-8927
      View Details
    • Value Estimation
      $330,000
      5.19 Acres

      502 Washington St Sta, Unit A

      INDUSTRIAL (GENERAL) • 5.19 Acres
      502 Washington St Sta, Coventry, RI 02816-5469
      View Details
    • Value Estimation
      $1,155,000
      43,688 SF

      500 Washington St, Unit EE

      INDUSTRIAL (GENERAL) • 43,688 SF
      500 Washington St, Coventry, RI 02816-5469
      View Details

    Similar Nearby for Sale

    • $700,000

      Coventry RI Industrial Property

      100K SF Mill Building, 2-Acre Pond
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      View Details
    • $699,900

      Prime Coventry RI Industrial Land

      100K SF Mill Building, 2 Ponds
      45 Old Flat River Rd, Coventry, RI 02816
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    • Contact for pricing

      Coventry RI Mixed-Use Investment

      Prime Coventry location, 108,900 SF lot, office/industrial potential.
      1193 Tiogue Ave Unit, Coventry, RI 02816
      View Details
    • $574,900

      Prime Coventry Commercial Property

      Two Buildings, High Visibility, Multiple Uses
      1025 Tiogue Ave Tiogue Ave, Coventry, RI 02816
      View Details
    • $1,679,000

      Benjamin Square: Mixed-Use Investment

      Coventry, RI: Prime Mixed-Use Opportunity
      1193 Tiogue Ave Tiogue Ave, Coventry, RI 02816
      View Details
    • $2,800,000
      23,984 SF

      Coventry Industrial Property for Sale

      Industrial property featuring office, warehouse, and shop areas.
      80 Centre Of New England Blvd, Coventry, RI 02816
      View Details

    Similar Nearby for Lease

    • $0.02 SF/Yr
      5,000 SF

      Benjamin Square Office Building

      5,000 SF Office Space - Lease NNN
      1193 Tiogue Ave, Coventry, RI 02816
      View Details
    • $17 SF/Yr
      4,000 SF

      Coventry RI Industrial Warehouse

      4,000 SF Warehouse, 4 Bays, Excellent Location
      639 Main St, Coventry, RI 02816
      View Details
    • Contact for pricing
      2,018 SF

      Versatile Commercial Condo with Garage

      Commercial condo with garage, office, and storage space available.
      1010-1012 Tiogue Ave, Coventry, RI 02816
      View Details
    • $15 SF/Yr

      Versatile Coventry Commercial Space Available

      8,836 SF office/retail/warehouse space for lease.
      87 Ctr Of New England Blv, Coventry, RI 02816
      View Details
    • $10 SF/Yr
      142,802 SF

      Coventry Industrial Space Available

      RI Manufacturing/Flex Space for Lease
      1372 Main St, Coventry, RI 02816
      View Details
    • $9 SF/Yr
      13,260 SF

      Coventry Warehouse with Outdoor Storage

      Single-story warehouse with office space and secure outdoor storage.
      70 Centre Of New England Blvd, Coventry, RI 02816
      View Details
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    Coventry, RI 02816-5469
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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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