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    245 High St Sprague, CT 06330

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    For Sale
    $180,000

    Land parcel in thriving Eastern Connecticut, suitable for residential development.

    Lot size:
    25.50 Acres

    Property Features for 245 High St

    General Information

    Lot size
    25.50 Acres

    Source: Elite Commercial Real Estate Agent Hugh Schnip

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

    Overview

    Residential Land in Eastern Connecticut

    This expansive land parcel is zoned R80, offering versatile residential development opportunities. The property is located in the thriving Eastern Connecticut area and presents the potential for creating a distinctive residential community. City water and sewer are nearby. This location offers opportunities within the dynamic Eastern Connecticut market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store HVAC Service Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sprague
    County
    New London
    State
    Connecticut
    Longitude
    -72.078724
    Latitude
    41.612559

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    FAQs

    What type of property is this?
    Land - Land parcel in thriving Eastern Connecticut, suitable for residential development.
    Where is this land located?
    The property is located at 245 High St Sprague, CT.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Zoned R80 for versatile residential development; - Expansive land parcel offering ample space; - Prime location in thriving Eastern Connecticut
    (860) 608-1204
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    245 High St Sprague, CT 06330
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    Sprague, CT 06330
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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
    245 High St Sprague, CT 06330
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