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    106 Reidville Dr Waterbury, CT 06705

    For Sale
    Contact for pricing

    6.77 Acres, I-84 Exit 25

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.77-acre commercial land parcel presents a unique investment opportunity in Waterbury, Connecticut. Strategically located at 106 Reidville Drive, this property enjoys unparalleled visibility and accessibility, being the first site encountered upon exiting I-84 East at exit 25. The "com" zoning permits a diverse range of commercial uses, making it ideal for various development projects. Envisioned uses include a fueling station with a convenience store, a restaurant pad site, or self-storage facilities – all highly sought-after in this thriving area. The expansive lot size offers ample space for substantial construction and ample parking. This prime location guarantees high traffic volume and significant exposure to a large customer base. The property's address is 106 Reidville Drive, Waterbury, CT 06705, situated in New Haven County. Its geographical coordinates are latitude 41.537329 and longitude -73.0074579. This is a rare opportunity to acquire a highly visible and versatile commercial land parcel in a prime location with excellent growth potential. Don't miss this chance to capitalize on this exceptional investment.

    Property Features for 106 Reidville Dr

    General Information

    Property type
    Land
    Lot Size
    294,901 SF

    HighLights

    • 6.77‑acre commercial land parcel in Waterbury, CT.
    • High visibility and accessibility at I‑84 East exit 25.
    • Com zoning allows diverse commercial uses, including fueling station, restaurant, or self‑storage.
    • Ample space for substantial construction and parking.
    • High traffic volume and significant customer base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A-1 Asbestos Abatement Demolition Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0074579
    Latitude
    41.537329

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    FAQs

    What type of property is this?
    Land - 6.77 Acres, I-84 Exit 25
    Where is this land located?
    The property is located at 106 Reidville Dr Waterbury, CT.
    What are key features of this property?
    This property features: 6.77-acre commercial land parcel in Waterbury, CT.; High visibility and accessibility at I-84 East exit 25.; Com zoning allows diverse commercial uses, including fueling station, restaurant, or self-storage.
    (203) 753-4116
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    106 Reidville Dr Waterbury, CT 06705
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    Waterbury, CT 06705
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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
    106 Reidville Dr Waterbury, CT 06705
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