0 New London Turnpike Coventry

$4,250,000
2,238,984 sq ft

The Property

Incredible opportunity for investors and developers with this expansive parcel of vacant land in Coventry, RI. This large property offers tremendous potential and comes with preliminary approvals for up to 75 units, making it ideal for a new residential development/ multi-unit project. Located in a rapidly growing area, the site provides a rare chance to create a substantial community in one of Coventry’s most desirable locations. The property’s size and layout offer flexibility for a variety of development plans, while its proximity to major roads and highways ensures excellent accessibility for future residents.

Surrounded by established neighborhoods, local amenities, and conveniences, this location perfectly balances peaceful surroundings with connectivity. A truly unique investment opportunity with outstanding potential for long-term growth and return. Don’t miss this chance to bring your next major development vision to life in Coventry.

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Listing Details

MLS Number

1397480

Lot Size:

51.40 acres

Features

  • Rural

Market Trends for Commercial Properties
in Coventry

  • Overview
    Homes for Sale Today23-77.7% decrease in inventory
    New on Market *3-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.88$47 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$0 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *0 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless

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