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$ 1,240,000
Est. payment | /mo
42.31 Acres Lot
$ 1,240,000
Est. payment | /mo
42.31 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24098150
Annual Tax Amount $731
Lot Size 42.310 Acres
Property Sub-Type Commercial Land
Property Description
Prime Development Opportunity in Waterford, CT An exceptional opportunity to acquire acres of undeveloped land in a high-traffic, strategic location near the junction of I-95 and I-395. This property offers excellent visibility and accessibility, situated just moments from major retail destinations including BJ's Wholesale Club, Walmart, and Lowe's. Key Features: Utilities at the Road: Gas, electric, and sewer available .8 approximately usable acres I-MF / IP1 zoning designation which allows for a wide variety of uses as of right such as multifamily residential, professional offices, medical clinics, research labs, manufacturing, schools, and warehousing; as well as special permit uses such as places of worship, sports facilities, motels and hotels, veterinary hospitals, nursing homes, and assisted living / memory care facilities. Located about half way between Boston and New York City, the property is within 20 miles of Mohegan Sun, Mystic Aquarium, and the Groton - New London Airport. Major retailers in the immediate surrounding area serve the nearby populations of Groton and New London, with over 100,000 people in a 20-mile radius Potential to buy lots individual lot 133 $320,000 -lot 141 $320,000 - lot 133R $600,000
Location
State CT
County New London
Zoning I-MF
Exterior
Utilities Available Electric Available, Gas Available
Waterfront Description Not Applicable
Building
Lot Description Treed, Sloping Lot, Rolling
Sewer Public Sewer In Street
Water Public Water In Street
Listed by Thomas Simjian • Keller Williams Coastal
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