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    47 Shore Rd Voluntown, CT 06384

    For Sale
    $495,000

    18-Acre Commercial Land, Approved Gravel Bank

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 18-acre commercial land parcel, located at 47 North Shore Road in Voluntown, Connecticut (zip code 06384), presents a unique investment opportunity. The property, identified by APN 035/007-00/0047, is zoned RD and boasts approximately 35 feet of road frontage. The land is primarily composed of fine sand, already approved for use as a gravel bank, eliminating the need for crushing or screening. While a well and septic system are required, the existing infrastructure presents a solid foundation for development. Annual property taxes are $2,483. Permitted uses under the current zoning include one- or two-family dwellings, places of worship, kennels, and riding stables. Additional uses, such as auto repair shops, private schools, resorts, campgrounds, and agricultural buildings, may be permitted through special permits. This expansive lot offers significant potential for a variety of commercial ventures, capitalizing on its strategic location and approved gravel bank status. Detailed zoning information is available upon request. The asking price for this remarkable property is $495,000.

    Property Features for 47 Shore Rd

    General Information

    Property type
    Land
    Lot Size
    784,080 SF

    HighLights

    • 18‑acre parcel
    • R‑D zoned lot
    • Approved gravel bank operation; primarily fine sand; crushing and screening prohibited
    • 35 feet of road frontage
    • Annual property taxes: $2,549
    • Well and septic system required
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Department Store Kitchen & Bath Food Market Grocery Store Electrical Service Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Voluntown
    County
    New London
    State
    Connecticut
    Longitude
    -71.81680476
    Latitude
    41.58266133

    Nearby Comparable

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    Nearby Similar for Sale

    • $275,000
      Pending

      Two-Family Home with Pond Views

      Two-family property with Sawmill Pond frontage, investment or owner-occupied potential.
      77 Gate St, Voluntown, CT 06384
      View Details

    FAQs

    What type of property is this?
    Land - 18-Acre Commercial Land, Approved Gravel Bank
    Where is this land located?
    The property is located at 47 Shore Rd Voluntown, CT.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 18-acre parcel; R-D zoned lot; Approved gravel bank operation; primarily fine sand; crushing and screening prohibited
    (860) 447-8839
    Request Owner's contact information
    47 Shore Rd Voluntown, CT 06384
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    47 Shore Rd Voluntown, CT 06384
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