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    Wolcott Rd Wolcott, CT 06716

    Sponsored
    For Sale
    $100,000

    3+ Acres, Buildable Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located on Wolcott Road in Wolcott, Connecticut (zip code 06716), presents a compelling investment opportunity. Spanning over three acres, the property boasts a long and narrow configuration ideal for targeted development. Preliminary plans have already been drafted for a substantial 3,600 square foot building, thoughtfully designed to include ample parking with 14 spaces to accommodate tenants and visitors. The property's address is conveniently situated on Wolcott Road, offering excellent visibility and accessibility. The asking price for this prime commercial land is $100,000. This represents a significant opportunity for developers or investors seeking to establish a presence in a thriving Connecticut market. The latitude and longitude coordinates are 41.59960337944734 and -72.98563951371769 respectively. Given the existing plans and the property's size and location, this land is well-suited for a variety of commercial ventures. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is classified as commercial land.

    Property Features for 0 Wolcott Rd

    General Information

    Property type
    Land

    HighLights

    • $100,000 asking price.
    • 3+ acre commercial land parcel in Wolcott, CT.
    • Located on Wolcott Rd, zip code 06716.
    • Proposed plans include a 3,600 sq ft building with 14 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wolcott
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.985639513718
    Latitude
    41.599603379447

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    FAQs

    What type of property is this?
    Land - 3+ Acres, Buildable Lot, Prime Location
    Where is this land located?
    The property is located at Wolcott Rd Wolcott, CT.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: $100,000 asking price.; 3+ acre commercial land parcel in Wolcott, CT.; Located on Wolcott Rd, zip code 06716.
    (203) 596-7777
    Request Owner's contact information
    Wolcott Rd Wolcott, CT 06716
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    Wolcott, CT 06716
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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
    Wolcott Rd Wolcott, CT 06716
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