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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

228 Main St Plymouth, CT 06786

0.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.65-acre commercial property, located at 228 Main Street in Terryville, Connecticut (zip code 06786), presents a unique investment opportunity. Situated in Litchfield County, this property boasts a highly desirable location on busy Route 6, experiencing a substantial daily traffic volume of 17,500 vehicles (based on 2014 DOT data). The property is zoned C, allowing for versatile commercial development. Currently designated as retail, office, and land, this site is ideal for various uses. The asking price is $225,000. A significant advantage is the inclusion of complete site and architectural plans for a small plaza, streamlining the development process and minimizing upfront planning costs. This ready-to-develop land offers substantial potential for immediate returns and long-term growth. The property's prime location and existing plans make it an attractive proposition for investors seeking a high-traffic, easily developable site in a thriving Connecticut community. The latitude and longitude coordinates are 41.6666423 and -73.008124 respectively. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.65 ac (28,314 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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