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Silvermine Road Development Opportunity

31 39 & 47 Silvermine Rd, Seymour, CT 06483

For Sale
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Development opportunity in Silvermine Industrial Park with multiple possibilities.

Property Size696,524 SF
Lot Size16.00 Acres
Price / SF$4.02
Days on Market1766

Property Features for 31 39 & 47 Silvermine Rd

General Information

Standard status Active
Size 696,524 SF
Lot size 16.00 Acres
Property subtype Land
Zoning GI-2

Building Details

Year Built 1985
Buildings 1
Tenancy Single
Listing Agency: KNG REALTY, LLC
Listed By: Ken Ginsberg · License #CT REB.0261354
Source: Crexi
Added: Jan 9, 2022 Changed: Oct 25 Last Checked: Oct 25 at 2:07PM

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 KNG REALTY, LLC

Rey
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Investment Insights

Based on property information with market context.

This property presents an opportunity for development in the Silvermine Industrial Park. According to information from the town, the property could be developed into a multifamily development with an affordable housing component. Alternatively, there is potential to construct a modern, high-bay, 100,000 square foot warehouse. The property offers convenient access to Route 8. The property size is 696524 square feet.

Key Highlights

  • Development Opportunity: Build a 100,000 SF high bay modern warehouse.
  • Multifamily Development Potential: Opportunity to develop residential units with an affordable housing component.
  • Location: Situated in the Silvermine Industrial Park.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Pharmacy

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

136
Businesses Nearby

Demographics for 06483, CT

16,748
Population
6,436
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
92%
High-School Grad
14.5 sq mi
ZIP Area
1,155
Density / Sq Mi
$103,682
Median Household Income
$55,077
Median Earnings
$1,511
Median Rent
$344,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Industrial land in New Haven County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Industrial land - Development opportunity in Silvermine Industrial Park with multiple possibilities.
Where is this industrial land located?
The property is located at 31 39 & 47 Silvermine Rd Seymour, CT.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Development Opportunity: Build a **100,000 SF high bay modern warehouse**.; Multifamily Development Potential: Opportunity to develop residential units with an affordable housing component.; Location: Situated in the Silvermine Industrial Park.
(203) 376-6266 · Office Call to check price and availability
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