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Property profile & analytics
FOR SALE
Investment properties

124 Westcott Rd Killingly, CT 06239

0.97 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US15-1189878
Property summary
AI-generated overview

This exceptional commercial property, located at 124 Westcott Road in Killingly, Connecticut, presents a unique investment opportunity. Boasting a total of 4,592 square feet on a 0.97-acre lot, this property offers significant versatility and high visibility. Strategically situated with frontage on Westcott Road, Sprague Street, and Sterns Street, and conveniently located west of I-395 Exit 38 off-ramp, this location ensures excellent accessibility and exposure to a high volume of traffic. The property is zoned General Commercial, allowing for a wide range of potential uses. The existing structure is a split-level commercial building, with each of the two levels comprising 1400 square feet. Currently, all four units within the building are occupied, providing immediate rental income potential. Ample parking is available on-site. Furthermore, the property includes a two-unit residential home located at the rear, adding to its overall value and potential income streams. A significant advantage is the possibility of subdividing a commercial lot on the east side of the property, creating additional development opportunities. This property is priced at $529,900 and represents a compelling investment in a thriving commercial area. The combination of location, size, existing occupancy, and development potential makes this a truly remarkable opportunity.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.97 ac (42,253 SF)
Zoning code GC
APN KILL M:182 B:35
UPID US15-1189878
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mariah Lee Photography (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
CONSTANCE A NASH
CONSTANCE A NASH
Zoning & alternative use
GC · Killingly, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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