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Commercial Land with Pad Site Options
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497 Plank Rd, Waterbury, CT 06705

Flexible site with possible pad development and an option for a 24,000 SF building near I-84.

Space SizeContact for details
Lot Size4.74 Acres
Days on Market1102

Property Features for 497 Plank Rd

General Information

Standard status Active
Lot size 4.74 Acres
Property subtype LAND
Lease Type NNN

Spaces For Lease

at 497 Plank Rd Contact us

497 Plank Rd $20,000/Mo

Type
LAND
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Possible 3 pad sites for retail / bank etc. or 24,000 SF building - $20,000 per...
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Listing Agency: Drubner Commercial, LLC
Listed By: David Theroux · License #REB.0677995
Source: Moodyscre
Added: Sep 8, 2023 Changed: Sep 4 Last Checked: Sep 12 at 5:42AM

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 Drubner Commercial, LLC

Investment Insights

Based on property information with market context.

This flexible commercial land offering presents options for multiple retail or bank-type pad sites, with the possibility of up to three pads. The property also includes an alternative development scenario featuring a 24,000 SF building.

Located for strong interstate exposure at I-84 exit 25, the site offers highway visibility along the interstate corridor.

The listing references a 4.74-acre site with pricing presented for a 24,000 SF building at $20,000 per month for rent, or $4,000,000 for sale, depending on the chosen configuration.

Key Highlights

  • Possible 3 pad sites for retail or bank use
  • Option for a 24,000 SF building
  • Location near I‑84, Exit 25

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby
362k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 20% Superstores 18% Groceries 18%
BJ's Wholesale Club Superstores
66,434 visits/mo 0.2 miles
Stop & Shop Groceries
43,593 visits/mo 0.1 miles
BJ's Gas Shops & Services
38,323 visits/mo 0.3 miles
McDonald's Dining
36,494 visits/mo 0.1 miles
Texas Roadhouse Dining
33,947 visits/mo 0.3 miles

Demographics for 06705, CT

27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Flexible site with possible pad development and an option for a 24,000 SF building near I-84.
Where is this commercial land located?
The property is located at 497 Plank Rd Waterbury, CT.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: Possible 3 pad sites for retail or bank use; Option for a 24,000 SF building; Location near I‑84, Exit 25
(203) 753-4116 Call to check price and availability
More about this property
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