Search
Approved Condominium Development Opportunity
For Sale
$215,000

115 Groveland Avenue, Putnam, CT 06260

Town-approved condominium project with engineered plans on a private lot.

Property SizeContact for details
Lot Size1.34 Acres
Days on Market207

Property Features for 115 Groveland Avenue

General Information

Standard status Active
Lot size 1.34 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,437

Amenities

Cleared
Lightly Wooded
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: JENNIE KESSELMAN · License #RES.0816437
Source: Corcoran
Added: Jan 27 Changed: Aug 8 Last Checked: Jul 16 at 5:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway NE Prop.

Investment Insights

Based on property information with market context.

This is a development opportunity for a town-approved condominium project with fully engineered plans available upon request. The project is set on a private lot with views. This offering conveys development rights only for an approved condominium complex consisting of two existing townhouses and approvals for eight additional units to be built. Prior approvals are in place with the Town, underground utilities are on site, and initial infrastructure work has been completed. Public water and sewer are available, a paved drive is installed, condominium documents are recorded, and unit building plans are available. This property presents an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.

Key Highlights

  • Town‑approved condominium project with fully engineered plans available.
  • Development rights for an approved condominium complex consisting of two existing townhouses and approvals for eight additional units.
  • Underground utilities are on site, and initial infrastructure work has been completed.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Grocery & Convenience Store Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 06260, CT

9,236
Population
4,289
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
85%
High-School Grad
20.1 sq mi
ZIP Area
460
Density / Sq Mi
$67,353
Median Household Income
$41,491
Median Earnings
$1,124
Median Rent
$257,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Town-approved condominium project with engineered plans on a private lot.
Where is this residential land & home lot located?
The property is located at 115 Groveland Avenue Putnam, CT.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Town‑approved condominium project with fully engineered plans available.; Development rights for an approved condominium complex consisting of two existing townhouses and approvals for eight additional units.; Underground utilities are on site, and initial infrastructure work has been completed.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message