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168.3 Acres in Groton, CT
For Sale
$5,500,000

351 Flanders Rd, Groton, CT 06340

168.3 acres of contiguous land in Groton's IM zone.

Property SizeContact for details
Lot Size168.30 Acres
Days on Market132

Property Features for 351 Flanders Rd

General Information

Standard status Active
Lot size 168.30 Acres
Property subtype Commercial
Zoning Industrial Moderate

Taxes and HOA fees

Annual Taxes $35,084
Listing Agency: Seaport Real Estate Services
Listed By: Tim Bray · License #REB.0790195
Source: Spauldingrealty
Added: Apr 27 Changed: Sep 4 Last Checked: Sep 2 at 5:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seaport Real Estate Services

Investment Insights

Based on property information with market context.

This is an incredible opportunity to acquire 168.3 acres of contiguous land in Groton's IM (Industrial Moderate) zone. The property has significant frontage along both Hazelnut Hill and Flanders Roads. This expansive assemblage offers flexible development potential for industrial, flex, research, or recreational use. The site is located minutes from I-95, Route 1, Electric Boat, and Pfizer, and is ideally positioned for regional employers, logistics, or large-scale development. Public water and sewer are available along Flanders Road, though extensions will be required. The terrain includes rolling topography, wooded privacy, and areas of flat, developable land. Regulated wetlands are present but leave large contiguous zones for building. There are no A2 surveys or engineering studies completed. There is potential to pursue Tax Increment Financing (TIF) incentives through the Town of Groton. Parcels are held under one LLC, simplifying acquisition. This is a rare chance to control a strategic tract in a key growth corridor. The bike score is 32, making it somewhat bikeable, and the walk score is 38, indicating car dependence.

Key Highlights

  • 168.3 acres of contiguous land in Groton's IM zone.
  • Significant frontage on Hazelnut Hill and Flanders Roads.
  • Flexible development potential for industrial, flex, research, or recreational use.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Storage Facility Cafe & Coffee Shop Computer & Electronic Repair

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

35
Businesses Nearby

Demographics for 06340, CT

29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 168.3 acres of contiguous land in Groton's IM zone.
Where is this industrial land located?
The property is located at 351 Flanders Rd Groton, CT.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 168.3 acres of contiguous land in Groton's IM zone.; Significant frontage on Hazelnut Hill and Flanders Roads.; Flexible development potential for industrial, flex, research, or recreational use.
More about this property
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