505 Old Colchester, Montville, CT 06382

Building Details

Year Built 1963 More

Listing Agency: William Raveis Real Estate S***@raveis.com Show Phone

Listed By: Ariel Tortora · License #RES.0806320 Show Phone

Source: Lockandkeyre

Added: Oct 26 Changed: Nov 6 Last Checked: Nov 6 at 3:31PM

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Investment Insights

Based on property information with market context.

This commercial land includes a church constructed in 1963 and an on-site parking area with more than 90 spaces. Continued religious use is identified as one possible direction for the property; residential development is also mentioned as a possibility, subject to zoning, feasibility, and required approvals.

Key Highlights

• Church built in 1963
• On‑site parking for more than 90 vehicles
• Potential residential development, subject to zoning, feasibility, and approvals

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Nail Salon Barber 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

20

Businesses Nearby

Explore this area Business Placement

Demographics for 06382, CT

11,060

Population

3,987

Households

2.8

Avg Household Size

43

Median Age

21%

College-Educated

91%

High-School Grad

17.6 sq mi

ZIP Area

628

Density / Sq Mi

$85,021

Median Household Income

$41,490

Median Earnings

$1,228

Median Rent

$250,100

Median Home Value

Market

Average Price Trend$/SF for Commercial land in New London County, CT

$770 Jul

$564 Aug

$519 Sep

$523 Oct

Properties on Market for Commercial land in New London County

Jul

Aug

Sep

Oct

Frequently Asked Questions

What type of property is this?

Commercial land - An existing church and a large on-site parking area are part of the property.

Where is this commercial land located?

The property is located at 505 Old Colchester Montville, CT.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Church built in 1963; On‑site parking for more than 90 vehicles; Potential residential development, subject to zoning, feasibility, and approvals