INNOVATE Real Estate
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$5

495 Tiogue Avenue
Coventry, RI 02816
Listed by Kyle Seyboth
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Incredible opportunity to lease commercial land at just $5 per square foot, featuring a triple net ground lease. Up to 1.5 acres is available, providing ample space for various uses. This prime location is perfect for many uses such as a drive-thru business, capitalizing on high visibility and traffic flow. Parking configurations are to be designed by an architect or engineer, ensuring optimal functionality for your business needs. With flexible usage options and a strategic position in a bustling area, this property is an ideal canvas for entrepreneurs and established businesses alike. Don’t miss your chance to secure a valuable piece of commercial land that promises growth and visibility in a thriving market. Act now to explore the potential of this exceptional leasing opportunity!

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1397704
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
146
On market date
October 14, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
1
Lot size
65,340 sqft

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Tiogue School
0.71 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
314
Student:teacher ratio
12.1:1
District
Coventry
Middle
Alan Shawn Feinstein MS of Cov
0.93 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
981
Student:teacher ratio
11.3:1
District
Coventry
High
Coventry High School
2.12 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,384
Student:teacher ratio
12.5:1
District
Coventry

Walkability

Blended score for Coventry's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

58
Somewhat walkable
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
85 / 100
Restaurants & cafes13
Grocery stores2
Parks9
Schools5
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Coventry, from live MLS data.

On the market 146 days -- 97 more days than Coventry's current average of 49 days.
For reference, the median list price across 267 active listings in Coventry right now is $484,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$150/mo
$1 down
$4 loan
Principal & interest$0
Property tax (est.)$0
Home insurance (est.)$150

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated March 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.