Multifamily Development
84 Corning Rd, Norwich, CT 06360
For Sale
$249,900
Two combined lots totaling 3.87 acres are zoned multifamily and suited for residential development subject to approvals.
Property SizeContact for details
Lot Size3.87 Acres
Days on Market174
Property Features for 84 Corning Rd
General Information
Standard status
Lot size
Property subtype
Zoning
Additional Details
Utilities to Site
Listing Agency:
William Raveis Real Estate
Listed By:
Chris Maynard
(860) 912-4865
Source:
Themialeteam
Added: May 19
Changed: Oct 26
Last Checked: Oct 7 at 1:01PM
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
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Investment Insights
Based on property information with market context.
This offering consists of two combined lots/parcels totaling 3.87 acres, presented as a development site for a new residential project. The property is zoned Multifamily and has public utility availability. The prior plan referenced in the remarks was for condominium development, and the site’s size and zoning are intended to support a range of multifamily possibilities subject to required approvals.
The location is described as high-visibility with strong daily traffic and convenient access to downtown. The remarks also note proximity to shopping, restaurants, major routes, and downtown amenities, placing the property within an established area.
All development plans would need to comply with local requirements, including zoning and approvals, with the property currently positioned for multifamily residential use under its existing zoning classification.
The location is described as high-visibility with strong daily traffic and convenient access to downtown. The remarks also note proximity to shopping, restaurants, major routes, and downtown amenities, placing the property within an established area.
All development plans would need to comply with local requirements, including zoning and approvals, with the property currently positioned for multifamily residential use under its existing zoning classification.
Key Highlights
- Two combined lots/parcels totaling 3.87 acres
- Zoned multifamily for residential development, subject to approvals
- Public utility availability reported for the site
Property Analytics
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two combined lots totaling 3.87 acres are zoned multifamily and suited for residential development subject to approvals.
Where is this residential land & home lot located?
The property is located at 84 Corning Rd Norwich, CT.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two combined lots/parcels totaling 3.87 acres; Zoned multifamily for residential development, subject to approvals; Public utility availability reported for the site
