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    20 Knollwood Dr Canterbury, CT 06331

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    For Sale
    $725,000

    5,306 sq ft retail building on 3.85 acres.

    Lot size:
    3.85 Acres

    Property Features for 20 Knollwood Dr

    General Information

    Lot size
    3.85 Acres

    Building Details

    Year built
    2008

    Source: Kazantzis Real Estate, LLC Agent Androula Kazantzis

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

    Overview

    Versatile Retail Building on Large Lot

    A 5,306 sq ft retail building, constructed in 2008, is available within a Village Commercial Zone. The property is situated on 3.85 acres and is currently rented. The building has the potential to be divided into up to four separate units, accommodating multiple business setups or mixed-use configurations. It includes a full kitchen and full bath, making it suitable for a home-based business or live/work use. The property's ample land allows for potential expansion, whether for additional units, storage, or future development. The property could be easily converted into 5 units.
    Insight Report Location Intelligence

    Current Use by Public Records

    Windham County Strength ... Personal Trainer C L Services Accountant

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Gym & Fitness Pharmacy Department Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canterbury
    County
    New London
    State
    Connecticut
    Longitude
    -71.99623
    Latitude
    41.695734

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    FAQs

    What type of property is this?
    Retail space - 5,306 sq ft retail building on 3.85 acres.
    Where is this retail space located?
    The property is located at 20 Knollwood Dr Canterbury, CT.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Large 5,306 sq ft retail building on 3.85 acres.; - Located in a Village Commercial Zone with potential for multiple business setups.; - Built in 2008 and well-maintained.
    (860) 208-8331
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    20 Knollwood Dr Canterbury, CT 06331
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    Canterbury, CT 06331
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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
    20 Knollwood Dr Canterbury, CT 06331
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