Listing Agency: Mike Parelli Real Estate LLC m***@mikeparelligreenwichrealestate.com Show Phone

Listed By: Michael Parelli Show Phone

Source: Moodyscre

Added: Dec 17, 2024 Changed: Aug 8 Last Checked: Jul 16 at 7:48AM

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Investment Insights

Based on property information with market context.

This property offers a rare opportunity with almost 5 acres of land in Riverside, featuring a 4-bedroom home and potential for subdivision. A S.E. Minor feasibility study indicates the likelihood of subdividing the land into two lots. There has been expressed interest in potential donations and concessions for excess wetlands. Strong recent sales in the area suggest significant upside, driven by increasing demand for new construction.

Key Highlights

• Subdivision potential (likely to two lots based on feasibility study).
• Almost 5 acres in a desirable Riverside location.
• Includes a 4‑bedroom home.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Spa & Massage Center 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

712

Businesses Nearby

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Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Almost 5 acres in Riverside with subdivision potential.

Where is this land located?

The property is located at 25 Mary Ln Greenwich, CT.

What is the asking price?

The asking price for this property is $1,997,500.

What are key features of this property?

This property features: Subdivision potential (likely to two lots based on feasibility study).; Almost 5 acres in a desirable Riverside location.; Includes a 4‑bedroom home.