Multifamily Development
For Sale
$299,900
68 Corning Road, Norwich, CT 06360
Two combined lots totaling 3.87 acres, zoned for multifamily use and offering public utility availability.
Property SizeContact for details
Lot Size3.87 Acres
Days on Market84
Property Features for 68 Corning Road
General Information
Standard status
Active
Lot size
3.87 Acres
Property subtype
Land or Vacant Lot
Zoning
Multifamily
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,072
Amenities
Rolling
Sloping Lot
Treed
Listing Agency:
William Raveis Real Estate
(860) 739-4455
Listed By:
CHRIS MAYNARD
Source:
Corcoran
Added: May 18
Changed: Aug 8
Last Checked: May 26 at 9:21AM
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 William Raveis Real Estate
Investment Insights
Based on property information with market context.
Two combined lots/parcels totaling 3.87 acres are available at 68 Corning Road in Norwich, CT. The property was previously planned for a new condominium development and is currently zoned for Multifamily use. Public utility availability is noted for the site.
The property is positioned for development in a high-visibility location with convenient access to downtown and nearby shopping, restaurants, major routes, and downtown amenities. Development plans are subject to required approvals.
This is a straightforward option for buyers and developers seeking a multifamily-zoned land parcel assembled from two lots, with utilities available, to support a new project.
The property is positioned for development in a high-visibility location with convenient access to downtown and nearby shopping, restaurants, major routes, and downtown amenities. Development plans are subject to required approvals.
This is a straightforward option for buyers and developers seeking a multifamily-zoned land parcel assembled from two lots, with utilities available, to support a new project.
Key Highlights
- Two combined lots/parcels totaling 3.87 acres
- Zoned for multifamily use (multifamily zoning)
- Public utility availability indicated for the site
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two combined lots totaling 3.87 acres, zoned for multifamily use and offering public utility availability.
Where is this residential land & home lot located?
The property is located at 68 Corning Road Norwich, CT.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two combined lots/parcels totaling 3.87 acres; Zoned for multifamily use (multifamily zoning); Public utility availability indicated for the site
