Waterfront Industrial Property with Rail
For Lease
$1,500,000
45 Richards Grove Rd, Quaker Hill, CT 06375
4.9-acre waterfront property with rail access and redevelopment potential.
Space SizeContact for details
Lot Size4.90 Acres
Days on Market207
Property Features for 45 Richards Grove Rd
General Information
Standard status
Active
Lot size
4.90 Acres
Taxes and HOA fees
Annual Taxes
$35,054
Listing Agency:
RE/MAX Legends
(860) 449-2699
Listed By:
Steph Rush · License #REB.0795065
(860) 449-2699
Source:
Exprealty
Added: Feb 6
Changed: Aug 22
Last Checked: Aug 31 at 7:44PM
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 RE/MAX Legends
Investment Insights
Based on property information with market context.
This 4.9-acre waterfront industrial and redevelopment property features active rail access and regional connectivity. The site benefits from direct rail service into the property and warehouse. It includes four industrial/commercial buildings totaling approximately 51,000 square feet. The improvements feature a gated entry, perimeter fencing, extensive asphalt paving, warehouse space, offices, and storefront components, facilitating immediate industrial or warehouse use. Located in a residential neighborhood with water views and water access, the property provides access to Route 32, Route 12, I-395, and I-95, supporting logistics, distribution, and commuter access. Zoning allows for warehouse and distribution, rail-served industrial operations, marine or boat storage and service, commercial use, or residential redevelopment. The current zoning supports up to 40 residential units, with the potential for additional density subject to approvals. Demand is driven by proximity to Electric Boat, Pfizer, the U.S. Coast Guard Academy, Connecticut College, Mitchell College, and the New London Naval Base. The property may be leased, repositioned, or redeveloped, offering multiple strategies on a rail-served waterfront asset.
Key Highlights
- Direct rail access and waterfront location on 4.9 acres.
- Redevelopment potential for up to 40 residential units (with potential for more).
- Existing infrastructure includes four industrial/commercial buildings totaling 51,000 sq ft with warehouse, office, and storefront space.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 06375, CT
3,758
Population
1,541
Households
2.4
Avg Household Size
43
Median Age
31%
College-Educated
95%
High-School Grad
7.9 sq mi
ZIP Area
476
Density / Sq Mi
$104,427
Median Household Income
$59,722
Median Earnings
$998
Median Rent
$294,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 4.9-acre waterfront property with rail access and redevelopment potential.
Where is this warehouse located?
The property is located at 45 Richards Grove Rd Quaker Hill, CT.
What is the lease rate?
The lease rate is $1,500,000.
What are key features of this property?
This property features: Direct rail access and waterfront location on 4.9 acres.; Redevelopment potential for up to 40 residential units (with potential for more).; Existing infrastructure includes four industrial/commercial buildings totaling 51,000 sq ft with warehouse, office, and storefront space.
