Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

140 Preston Rd Griswold, CT 06351-2631

  • Commercial land
  • 4.99 lot acres
OFF-MARKET
Last Sale
Aug 07, 2020
$325,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-1245635
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 140 Preston Rd

Lot size
4.99 lot acres
Zone code
C-1
Property type
Commercial land
APN
GRIS M:45 B:95 L:22
APU
GRISM45B95L22

Description

This exceptional 4.99-acre commercial land parcel presents a remarkable investment opportunity in Griswold, Connecticut. Strategically located on Route 164, a main thoroughfare to the renowned Foxwoods Casino, this property boasts exceptional visibility and high traffic counts, ensuring maximum exposure for any commercial venture. The level lot is already at finished grade, eliminating costly site preparation and expediting the development process. Public water and sewer services are conveniently located at the roadside, significantly reducing infrastructure costs and streamlining construction. This prime location is ideally suited for a diverse range of commercial uses, including restaurants with ample space for indoor and outdoor seating, retail establishments benefiting from consistent customer traffic, or even a medical facility requiring convenient access for patients and staff. The proximity to Foxwoods Casino guarantees a steady stream of potential customers, making this a highly desirable location for businesses seeking to capitalize on the area's thriving economy. This versatile property offers an unparalleled opportunity for savvy investors and entrepreneurs to establish or expand their presence in a bustling commercial hub. Don't miss this chance to develop in one of the region's most sought-after locations. The asking price is $1,300,000. The property is located at 140 Preston Rd, Griswold, CT 06351.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Griswold
County
New London
State
Connecticut
Longitude
-71.9749
Latitude
41.5883
CBSA code
35980
CBSA name
NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,133
$204,750
$0.00
$204,750
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message