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    2057 Norwich New London Tpke Uncasville, CT 06382

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    For Sale
    $590,000

    Commercial land parcel near Mohegan Sun with high traffic exposure.

    Lot size:
    2.16 Acres

    Property Features for 2057 Norwich New London Tpke

    General Information

    Lot size
    2.16 Acres

    Source: Seaport Real Estate Services Agent Kim Casey

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

    Overview

    High-Visibility Commercial Parcel Near Casino

    This commercial parcel is located one mile from Mohegan Sun Casino and features 168 feet of frontage on Route 32. The average daily traffic on the road is between 15,000 and 20,000 vehicles. The property is zoned Commercial C-2 and is suited for retail or service-based uses. Public utilities, including water, sewer, and natural gas, are available at the street. A previous proposed site plan exists for a 2,625 square foot fast food restaurant with a drive-thru. The front half of the parcel is cleared and ready for development. The site also benefits from a shared entrance with the adjacent Hyatt Hotel.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Uncasville
    County
    New London
    State
    Connecticut
    Longitude
    -72.098953
    Latitude
    41.482224

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    FAQs

    What type of property is this?
    Commercial land - Commercial land parcel near Mohegan Sun with high traffic exposure.
    Where is this commercial land located?
    The property is located at 2057 Norwich New London Tpke Uncasville, CT.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: - High-visibility location: Boasting 168 feet of frontage on Route 32 with 15,000-20,000 average daily traffic.; - Proximity to Mohegan Sun Casino: Located just one mile away.; - Commercial C-2 zoning: Suited for a variety of retail or service-based uses.
    (860) 941-4842
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    2057 Norwich New London Tpke Uncasville, CT 06382
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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
    2057 Norwich New London Tpke Uncasville, CT 06382
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