Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    140 Waterford Pkwy Waterford, CT 06385

    Sponsored
    For Sale
    $8,000,000

    Prime 328-acre I-95 development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 328-acre mixed-use development site in Waterford, Connecticut, presents a unique investment opportunity. Located at 140 Waterford Parkway South, this property boasts prominent frontage on I-95, offering unparalleled accessibility and visibility. The land is comprised of two distinct zoning areas: 189 acres zoned IP-1 and 139 acres across four separate lots zoned R-40, allowing for a diverse range of development possibilities. This master development opportunity allows for the creation of a vibrant mixed-use environment. The site's expansive size provides ample space for a variety of commercial and residential uses. Utilities are readily available, including electricity, gas, phone, and cable. While not directly waterfront, the property features a nearby brook. Conveniently located near medical facilities and shopping malls, this site offers a compelling combination of location, size, and zoning flexibility. The asking price is $8,000,000. This is an ideal opportunity for developers seeking a large-scale project with significant potential for return. The property is situated in New London County, Connecticut, with a zip code of 06385.

    Property Features for 140 Waterford Pkwy

    General Information

    Property type
    Land
    Lot Size
    14,287,680 SF

    HighLights

    • 328‑acre mixed‑use development site in Waterford, CT, offering prominent I‑95 frontage.
    • Zoned for diverse development: 189 acres IP‑1 and 139 acres R‑40 across four lots.
    • Utilities available: electricity, gas, phone, and cable. Property includes a nearby brook.
    • Conveniently located near medical facilities and shopping malls. Asking price: $8,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    New London
    State
    Connecticut
    Longitude
    -72.15078
    Latitude
    41.3667987

    Nearby Similar for Sale

    • $350,000
      Pending

      Two Homes on One Lot

      Two homes on one lot, prime investment opportunity in Waterford.
      398 Boston Post Rd, Waterford, CT 06385
      View Details
    • $475,000
      4,322 SF

      Mixed-Use Property on Hartford Turnpike

      Mixed-use property with commercial and residential units on Hartford Turnpike.
      977 Hartford Tpke, Waterford, CT 06385
      View Details
    • $99,932

      Waterford Professional Office Suite

      Professional office suite in Waterford Professional Building, convenient location.
      567 300, Waterford, CT 06385
      View Details
    • $54,000

      Professional Office Suites For Sale

      Professional office suites in Waterford Professional Building, convenient location.
      567 Vauxhall Suites 320 & 321, Waterford, CT 06385
      View Details
    • $149,900

      Professional Office Suite in Waterford

      2,156 SF office suite suitable for various professional services.
      567 328, Waterford, CT 06385
      View Details
    • $89,500

      Waterford Professional Complex Office Units

      Four office units in well-maintained complex, convenient location.
      567 310, Waterford, CT 06385
      View Details
    • $175,000

      Office Condo Near I-95

      1,344 SF office condo suitable for medical or professional use.
      567 113, Waterford, CT 06385
      View Details
    • $119,900

      New Mobile Home in 55+ Community

      New two-bedroom mobile home in Waterford's Brookside Mobile Home Park.
      270 Boston Post Rd, Waterford, CT 06385
      View Details
    • $969,900

      Division Street Specialty Property

      Specialty property available for sale in Waterford, Connecticut.
      25 Division St, Waterford, CT 06385
      View Details
    • $315,511

      Hilltop Terrace Specialty Property

      Specialty property available for sale in Waterford, Connecticut.
      6 Hilltop Ter, Waterford, CT 06385
      View Details
    • $750,000

      Niantic River Road Property

      Property at 276 Niantic River Rd, Waterford, CT 06385.
      276 Niantic River Rd, Waterford, CT 06385
      View Details
    • $785,000

      Waterford Specialty Property For Sale

      Specialty property available for purchase in Waterford, Connecticut.
      213 Boston Post Rd, Waterford, CT 06385
      View Details

    FAQs

    What type of property is this?
    Land - Prime 328-acre I-95 development opportunity.
    Where is this land located?
    The property is located at 140 Waterford Pkwy Waterford, CT.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: 328-acre mixed-use development site in Waterford, CT, offering prominent I-95 frontage.; Zoned for diverse development: 189 acres IP-1 and 139 acres R-40 across four lots.; Utilities available: electricity, gas, phone, and cable. Property includes a nearby brook.
    Request Owner's contact information
    140 Waterford Pkwy Waterford, CT 06385
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    140 Waterford Pkwy
    Waterford, CT 06385
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    140 Waterford Pkwy Waterford, CT 06385
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.