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Investment Highlights

  • Expansive Parcel
  • Incredible Investment Opportunity
  • Approvals for up to 75 Units

Property Facts

Price $4,450,000
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 $4,450,000
Price Per AC $86,575.88
Lot Size 51.40 AC

Description

Shovel-ready with approvals in hand! Exceptional opportunity for investors and developers to acquire a large, development-ready parcel of vacant land in Coventry, RI. This expansive property offers outstanding potential and is fully approved for up to 75 residential units, making it ideal for a multi-unit or large-scale residential project. Building permit approval will be completed for the buyer, allowing for immediate construction upon closing. Skip lengthy entitlement processes and move forward with confidence and certainty. Located in a rapidly growing and highly desirable area, the site offers excellent accessibility with close proximity to major roads and highways. Surrounded by established neighborhoods and local amenities, this location supports strong demand and long-term growth. With approvals secured and construction readiness in place, this is a rare opportunity to go directly from acquisition to development. A standout investment in Coventry with exceptional upside potential.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 38066812

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 0 New London Turnpike, Coventry, RI 02816

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