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Industrial Land with Contiguous Parcel Site
For Sale
$5,000,000
Pending

119 High Rock Rd, Groton, CT 06340

Industrial zone site comprising five contiguous parcels, minutes from the Groton/New London Airport, with nearby utility availability.

Property SizeContact for details
Days on Market91

Property Features for 119 High Rock Rd

General Information

Standard status Pending
Property subtype Commercial
Zoning IG

Taxes and HOA fees

Annual Taxes $4,334
Listing Agency: Berkshire Hathaway NE Prop
Listed By: Jennifer Chapel
Source: Spauldingrealty
Added: Jul 29 Changed: Oct 26 Last Checked: Oct 26 at 3:28PM

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

Rey
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Investment Insights

Based on property information with market context.

Industrial land opportunity featuring five contiguous parcels totaling 46+/- acres in an industrial zone. The site is described as being just minutes from the Groton/New London Airport and positioned for development concepts that may include commercial and entertainment or sports facilities, as well as other permitted-type uses referenced in the offering.

Access to major highways and transportation routes is described as convenient, supporting both local and regional business activity. Utilities are available nearby, and the expansive acreage provides flexibility for phased or large-scale projects.

The property’s configuration as a multi-parcel, contiguous acreage tract is intended to accommodate planning for larger footprints and staged development while maintaining a single industrial-zone land position.

Key Highlights

  • Five contiguous parcels totaling 46+/- acres
  • Industrial zone designation
  • Minutes from the Groton/New London Airport

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop 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

299
Businesses Nearby

Demographics for 06340, CT

29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial zone site comprising five contiguous parcels, minutes from the Groton/New London Airport, with nearby utility availability.
Where is this industrial land located?
The property is located at 119 High Rock Rd Groton, CT.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Five contiguous parcels totaling 46+/- acres; Industrial zone designation; Minutes from the Groton/New London Airport
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