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Self-Storage Development Opportunity
For Sale
$975,000

8 Turnberry Lane, Newtown, CT 06482

Development opportunity with plans for climate and non-climate controlled units.

Property Size2 SF
Price / SF$487,500
Days on Market349

Property Features for 8 Turnberry Lane

General Information

Standard status Active
Size 2 SF
Property subtype Land
Listing Agency: Neighbors Luxury Real Estate
Listed By: Alice Fitzsimons · License #BR529295000
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

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 Neighbors Luxury Real Estate

Investment Insights

Based on property information with market context.

This property, priced at $975,000, presents an investment opportunity in an undersaturated market. Situated on 2.59 acres, the project includes plans for 282 climate-controlled units and 40 non-climate-controlled units, totaling 35,500 net rentable square feet. The facility is positioned to benefit from an affluent and growing population.

Key Highlights

  • Investment opportunity in an undersaturated market.
  • Plans for 282 climate‑controlled units and 40 non‑climate‑controlled units.
  • Total of 35,500 net rentable square feet.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store HVAC Service Building Supply Gym & Fitness Center

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

31
Businesses Nearby

Demographics for 06482, CT

10,884
Population
4,388
Households
2.5
Avg Household Size
45
Median Age
58%
College-Educated
97%
High-School Grad
20.2 sq mi
ZIP Area
539
Density / Sq Mi
$144,387
Median Household Income
$65,445
Median Earnings
$1,871
Median Rent
$465,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Development opportunity with plans for climate and non-climate controlled units.
Where is this self storage facility located?
The property is located at 8 Turnberry Lane Newtown, CT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Investment opportunity in an undersaturated market.; Plans for **282 climate‑controlled units** and 40 non‑climate‑controlled units.; Total of **35,500 net rentable square feet.**
More about this property
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