Listing Agency: Seaport Real Estate Services t***@seaportre.com Show Phone

Listed By: Tim J. Bray · License #REB.0790195 Show Phone

Source: Exprealty

Added: Dec 15, 2025 Changed: Aug 31 Last Checked: Aug 31 at 7:38PM

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Investment Insights

Based on property information with market context.

This 168.3-acre contiguous tract is located in Groton’s IM (Industrial Moderate) zone and includes a mix of rolling terrain, wooded areas, wetlands, and flatter sections identified for potential development. Industrial, flex, research, and recreational uses are described for the property, subject to applicable approvals and site studies.

Frontage extends along Hazelnut Hill Road and Flanders Road, with public water and sewer available along Flanders Road; extensions are required. The site is minutes from I-95 and Route 1, as well as Electric Boat and Pfizer. All parcels are held by one LLC, supporting a consolidated acquisition. No A2 survey or engineering studies have been completed, and potential TIF incentives may be pursued through the Town of Groton.

Key Highlights

• 168.3 contiguous acres in Groton’s IM (Industrial Moderate) zone
• Significant frontage along Hazelnut Hill and Flanders Roads
• Public water and sewer available along Flanders Road; extensions required

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Hair Salon Restaurant

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

25

Businesses Nearby

Explore this area Business Placement

Demographics for 06355, CT

12,835

Population

6,099

Households

2.1

Avg Household Size

52

Median Age

58%

College-Educated

98%

High-School Grad

14.2 sq mi

ZIP Area

904

Density / Sq Mi

$132,367

Median Household Income

$63,321

Median Earnings

$1,722

Median Rent

$416,600

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 - Contiguous industrial-zoned acreage with road frontage, wooded areas, wetlands, and portions suitable for development.

Where is this industrial land located?

The property is located at 351 Flanders Rd Mystic, 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 contiguous acres in Groton’s IM (Industrial Moderate) zone; Significant frontage along Hazelnut Hill and Flanders Roads; Public water and sewer available along Flanders Road; extensions required