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    454 Providence Rd Brooklyn, CT 06234

    Sponsored
    For Sale
    $497,500

    2.32 Acres near Walmart

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This 2.32-acre commercial land parcel in Brooklyn, Connecticut, presents a unique investment opportunity. Located at a four-way traffic light directly adjacent to a Walmart Supercenter, this property boasts exceptional visibility and accessibility. An existing easement allows convenient access from the Walmart driveway. The site is zoned PC (Planned Commercial) and benefits from public water, sewer, and gas services readily available in the street. With 250 feet of frontage, the lot offers ample space for development. The property's strategic location within the Route 6 retail corridor places it near a high concentration of national tenants, including Dunkin' Donuts, McDonald's, KFC, Subway, CVS, and Enterprise Rent-A-Car. Less than 2.5 miles from I-395 (exits 37/37B), this location ensures high traffic counts, estimated at 13,100 vehicles. The land is relatively level, lightly wooded, and dry. Annual property taxes are $5,617. This property is ideal for developers seeking a high-traffic, high-visibility location for a variety of commercial uses. The combination of its prime location, convenient access, and existing infrastructure makes this a compelling investment opportunity. The asking price is $497,500. The address is 454 Providence Rd, Brooklyn, CT 06234.

    Property Features for 454 Providence Rd

    General Information

    Property type
    Land
    Lot Size
    101,059 SF

    HighLights

    • High‑traffic location at a four‑way signalized intersection.
    • Public water, sewer, and gas available.
    • 250 feet of frontage.
    • Planned Commercial (PC) zoning.
    • Annual property taxes: $5,617.
    • Daily traffic count: 13,100 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Windham
    State
    Connecticut
    Longitude
    -71.9133917
    Latitude
    41.7971052

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    FAQs

    What type of property is this?
    Land - 2.32 Acres near Walmart
    Where is this land located?
    The property is located at 454 Providence Rd Brooklyn, CT.
    What is the asking price?
    The asking price for this property is $497,500.
    What are key features of this property?
    This property features: High-traffic location at a four-way signalized intersection.; Public water, sewer, and gas available.; 250 feet of frontage.
    (860) 887-5000
    Request Owner's contact information
    454 Providence Rd Brooklyn, CT 06234
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    Brooklyn, CT 06234
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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
    454 Providence Rd Brooklyn, CT 06234
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