Property profile

0 Echo Lake Rd Watertown, CT 06795

OFF-MARKET
Land
4.88 ac lot
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Property summary

AI-generated overview

This exceptional 4.88-acre commercial land parcel presents a unique investment opportunity in Watertown, Connecticut. Located on Echo Lake Road, with a 06795 zip code, this property is zoned IR80, offering significant potential for various commercial developments. The expansive lot size provides ample space for a wide range of projects, catering to diverse business needs. Its strategic location within Litchfield County offers convenient access to major transportation routes and a thriving local community. The asking price is $595,000, representing a compelling value for developers seeking a substantial land holding in a desirable Connecticut market. Detailed site surveys and environmental assessments are recommended to fully understand the development potential. This property is being offered as-is, and buyers are responsible for conducting their own due diligence. The latitude and longitude coordinates are 41.609336 and -73.089231 respectively, allowing for precise location identification and mapping. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering. This is a rare opportunity to acquire a significant land parcel in a growing area, perfect for those seeking a substantial investment with considerable upside potential. The property is ready for development, offering a blank canvas for creative and profitable ventures.

Property profile

Verified
Property type Land
Lot 4.88 ac (212,573 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Echo Lake Rd Watertown, CT 06795
Watertown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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