140 Waterford Pkwy Waterford, CT 06385
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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