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$4,450,000

0 New London Tpke, Coventry RI 02816
Coventry, RI 02816
Listed by Kyle Seyboth
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

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 75residential 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!

Property details

MLS #
73513455
Property type
Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
51.4 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hopkins Hill School
1.2 mi away · Grades 0-5
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
347
Student:teacher ratio
11.6:1
District
Coventry
Middle
Alan Shawn Feinstein MS of Cov
2.74 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
2.83 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

Mortgage calculator

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Est. monthly payment
$26,948/mo
$890,000 down
$3,560,000 loan
Principal & interest$23,090
Property tax (est.)$3,708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 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.