Listing Agency: Interstate Realty Advisors, Inc. Show Phone

Listed By: Steven J. Spector Show Phone

Source: Moodyscre

Added: Dec 19, 2022 Changed: Oct 25 Last Checked: Oct 30 at 11:13AM

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Investment Insights

Based on property information with market context.

This 31.7-acre development site is strategically located at the intersection of Route 9 and 372, offering significant visibility with 1,500 feet of frontage along Route 9. The parcel has been recently re-zoned to business park, which allows for greater development opportunities. A site plan is available that accommodates a 150,000 square foot retail center. The surrounding area is a local and destination retail corridor, featuring Stop & Shop, Lowe's, and Walmart, with upcoming Marshall's and a recently opened Shop Rite.

Key Highlights

• Major Price Reduction
• 31.7 Acre Development Site
• Re‑zoned to Business Park offering greater development opportunities

Property Analytics

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Open Analytics

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Repair Shop Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

425

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Frequently Asked Questions

What type of property is this?

Land - Development site at Route 9 and 372 interchange.

Where is this land located?

The property is located at 80 Shunpike Rd Cromwell, CT.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: Major Price Reduction; 31.7 Acre Development Site; Re‑zoned to Business Park offering greater development opportunities