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    93 Andrew Mountain Rd Naugatuck, CT 06770

    Sponsored
    For Sale
    $600,000

    Prime Naugatuck land, 93.78 acres, high development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 93.78-acre property located at 93 Andrew Mountain Road in Naugatuck, Connecticut, presents a significant investment opportunity. Zoned for residential, commercial, and industrial uses, this expansive parcel offers unparalleled versatility for a wide range of development projects. Its strategic location, approximately one mile from the under-construction downtown train station and the forthcoming Port of Naugatuck (a freight train distribution hub), promises exceptional accessibility and connectivity. The property's size and zoning allow for diverse development scenarios, including a high-end senior condo complex, an industrial park for manufacturing businesses, a solar farm, new residential homes, or a combination thereof. The potential for significant returns is substantial, given the current market dynamics and the anticipated growth spurred by the new transportation infrastructure. The property is situated in New Haven County, Connecticut, with a zip code of 06770. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a large tract of land in a rapidly developing area with exceptional potential for future growth and profitability. The asking price for this remarkable property is $600,000. Don't miss this chance to capitalize on the exciting transformation happening in Naugatuck.

    Property Features for 93 Andrew Mountain Rd

    General Information

    Property type
    Land
    Lot Size
    4,085,057 SF

    HighLights

    • 93.78‑acre parcel in Naugatuck, CT, at 93 Andrew Mountain Road.
    • Zoned for residential, commercial, and industrial uses.
    • Prime location, ~1 mile from a new train station and the future Port of Naugatuck.
    • Development potential includes senior housing, industrial park, solar farm, or residential homes.
    • Asking price: $600,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Naugatuck
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0708542
    Latitude
    41.4846439

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    FAQs

    What type of property is this?
    Land - Prime Naugatuck land, 93.78 acres, high development potential.
    Where is this land located?
    The property is located at 93 Andrew Mountain Rd Naugatuck, CT.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 93.78-acre parcel in Naugatuck, CT, at 93 Andrew Mountain Road.; Zoned for residential, commercial, and industrial uses.; Prime location, ~1 mile from a new train station and the future Port of Naugatuck.
    Request Owner's contact information
    93 Andrew Mountain Rd Naugatuck, CT 06770
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    Naugatuck, CT 06770
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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
    93 Andrew Mountain Rd Naugatuck, CT 06770
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