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    Thomaston Rd Rte 6 Watertown, CT 06795

    Sponsored
    For Sale
    $749,000

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.5-acre parcel of commercially zoned land is strategically located on Thomaston Road (Route 6) in Watertown, Connecticut, within Litchfield County (zip code 06795). The property boasts a high-traffic location, making it ideal for a diverse range of commercial ventures. The zoning designation is Commercial (BC), offering significant development flexibility. All municipal utilities are readily available, simplifying the development process. While the majority of the land is commercially zoned, please note that a rear portion of approximately one acre is zoned for residential use. This presents a unique opportunity for mixed-use development, depending on local regulations and approvals. The asking price for this substantial property is $749,000. Its proximity to a residential area adds to its appeal and potential for attracting a wide customer base. The property's size and location make it a compelling investment opportunity for developers and businesses seeking a prominent presence in a thriving Connecticut community. Detailed zoning information and potential use restrictions should be verified independently with the relevant local authorities. This is a rare opportunity to acquire a significant commercial land holding in a desirable location.

    Property Features for 0 Thomaston Rd Rte 6

    General Information

    Property type
    Land
    Lot Size
    326,700 SF

    HighLights

    • 7.5‑acre parcel
    • Commercially zoned land
    • Excellent location near residential neighborhood
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watertown
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1123869
    Latitude
    41.612438

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at Thomaston Rd Rte 6 Watertown, CT.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: 7.5-acre parcel; Commercially zoned land; Excellent location near residential neighborhood
    Request Owner's contact information
    Thomaston Rd Rte 6 Watertown, CT 06795
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    Watertown, CT 06795
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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
    Thomaston Rd Rte 6 Watertown, CT 06795
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