2268 Ct-32 Montville, CT 06382
This exceptional 3.36-acre commercial land parcel in Montville, Connecticut, presents a unique investment opportunity. Located at a traffic-lighted intersection on Route 32, this property boasts 412 feet of frontage and enjoys a high traffic count of 19,600 vehicles. Its strategic location offers unparalleled access to major roadways, including proximity to Route 2A (0.2 miles from Exit 5), I-395 (Exit 9 to 2A), and Route 12 in Preston (2 miles). The property is situated just one mile from the renowned Mohegan Sun Resort & Casino, ensuring high visibility and potential for significant foot traffic. Zoned C-1 Commercial, this assemblage of three parcels (#2268: 1.43 acres, #2280: 0.21 acres, #2284: 1.72 acres) benefits from public water and sewer access. The property's high traffic volume, prime location, and convenient access to major transportation routes make it ideal for a variety of commercial developments. Detailed survey and concept plans are available upon request. Annual property taxes are $23,716. The asking price for this exceptional investment opportunity is $1,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.