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Silvermine Road Development Opportunity
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31 39 & 47 Silvermine Rd, Seymour, CT 06483

Development opportunity in Silvermine Industrial Park with multiple possibilities.

Property Size696,524 SF
Lot Size16.00 Acres
Price / SF$4.02
Days on Market1672

Property Features for 31 39 & 47 Silvermine Rd

General Information

Standard status Active
Size 696,524 SF
Lot size 16.00 Acres
Property subtype Land
Zoning GI-2

Building Details

Year Built 1985
Buildings 1
Tenancy Single
Listing Agency: KNG REALTY, LLC
Listed By: Ken Ginsberg · License #CT REB.0261354
Source: Crexi
Added: Jan 9, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KNG REALTY, LLC

Investment Insights

Based on property information with market context.

This property presents an opportunity for development in the Silvermine Industrial Park. According to information from the town, the property could be developed into a multifamily development with an affordable housing component. Alternatively, there is potential to construct a modern, high-bay, 100,000 square foot warehouse. The property offers convenient access to Route 8. The property size is 696524 square feet.

Key Highlights

  • Development Opportunity: Build a 100,000 SF high bay modern warehouse.
  • Multifamily Development Potential: Opportunity to develop residential units with an affordable housing component.
  • Location: Situated in the Silvermine Industrial Park.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 06483, CT

16,748
Population
6,436
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
92%
High-School Grad
14.5 sq mi
ZIP Area
1,155
Density / Sq Mi
$103,682
Median Household Income
$55,077
Median Earnings
$1,511
Median Rent
$344,900
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Development opportunity in Silvermine Industrial Park with multiple possibilities.
Where is this industrial land located?
The property is located at 31 39 & 47 Silvermine Rd Seymour, CT.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Development Opportunity: Build a **100,000 SF high bay modern warehouse**.; Multifamily Development Potential: Opportunity to develop residential units with an affordable housing component.; Location: Situated in the Silvermine Industrial Park.
More about this property
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