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    214 Park Rd Putnam, CT 06260

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    For Sale
    $300,000

    5.41 acres of industrial commercial development land in Putnam, CT.

    Lot size:
    5.41 Acres

    Property Features for 214 Park Rd

    General Information

    Lot size
    5.41 Acres

    Source: BHHS - New England Properties | South Woodstock Agent Michael Collins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Putnam Industrial Commercial Development Land

    Located at 214 Park Road in Putnam, Connecticut, this property offers 5.41 acres of industrial commercial development land. The zoning regulations in this area allow for the possible subdivision of this property, providing an opportunity for further development and expansion. The property includes a residential 2 family antique built in 1750, which is reflected in the town records; the owner is requesting a life tenancy. Situated a quarter mile from I-395 exits 43 and 45, the land is strategically located, surrounded by the Putnam Industrial Park, ensuring a conducive environment for industrial and commercial activities. High visibility industrial neighbors surrounding the property include Staples warehouse, International Paper, a retail storage facility, and B&B Trucking. This proximity to other industrial areas can attract potential businesses and investors, fostering economic growth and development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Pharmacy Auto Parts Store Department Store Bar & Pub Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Putnam
    County
    Windham
    State
    Connecticut
    Longitude
    -71.88959
    Latitude
    41.8856

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    FAQs

    What type of property is this?
    Land - 5.41 acres of industrial commercial development land in Putnam, CT.
    Where is this land located?
    The property is located at 214 Park Rd Putnam, CT.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - 5.41 acres of Industrial Commercial Development Land; - Located a quarter mile from I-395 exits 43 and 45; - Zoning allows for possible subdivision, enabling further development
    (860) 336-6675
    Request Owner's contact information
    214 Park Rd Putnam, CT 06260
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    Putnam, CT 06260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214 Park Rd Putnam, CT 06260
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