Property profile

245 High St Sprague, CT 06330

FOR SALE
Residential land & home lots
Property ID
US15-0247398
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Property summary

AI-generated overview

Discover an exceptional opportunity for residential investment with this prime property at 245 High Street, Sprague, CT. Boasting R80 zoning, the expansive land parcel offers limitless potential for development in the thriving Eastern Connecticut region. This sought-after location presents a promising canvas for creating a distinctive residential community, allowing investors to transform their vision into reality. Embrace the chance to capitalize on the property's prime zoning and desirable Eastern Connecticut setting, setting the stage for a successful residential venture. With its strategic positioning and R80 zoning and near city water/sewer this property stands as a valuable prospect for astute residential investors.

Property profile

Verified
Property type Residential land & home lots
UPID US15-0247398

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

245 High St Sprague, CT 06330
Sprague metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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