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0 New London Turnpike 51.4 Acres of Commercial Land Offered at $4,250,000 in Coventry, RI 02816
INVESTMENT HIGHLIGHTS
- Expansive Parcel
- Incredible Investment Opportunity
- Preliminary Approvals for up to 75 Units
PROPERTY FACTS
| Price | $4,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 51.40 AC |
| Property Type | Land | ||
| Zoning | R-20 - Residential Land | ||
| Price | $4,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 51.40 AC |
| Zoning | R-20 - Residential Land |
1 LOT AVAILABLE
Lot
| Price | $4,250,000 | Lot Size | 51.40 AC |
| Price Per AC | $82,684.82 |
| Price | $4,250,000 |
| Price Per AC | $82,684.82 |
| Lot Size | 51.40 AC |
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,112,400 | Total Assessment | $2,112,400 |
PROPERTY TAXES
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0 New London Turnpike
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