Property summary
This exceptional 23-acre commercial land parcel, identified by APN numbers 1475, 1476, and 1477, presents a unique investment opportunity in Windham, Connecticut. Located at 9 Northridge Drive, 06256, this property boasts a C-4 Special Permit zoning designation, allowing for the development of a fully approved 136-unit multifamily market-rate apartment complex. The approved project plan includes a mix of 68 two-bedroom and 68 one-bedroom units, supported by a generous surface parking ratio of 1.5 spaces per unit. This prime location offers easy access to Eastern Connecticut State University and the University of Connecticut, strategically situated on busy Route 6 between Willimantic, Storrs, and Mansfield. The property benefits from its proximity to a thriving commercial power center anchored by major retailers such as Walmart, Home Depot, and Wendy's, ensuring high visibility and convenient access to amenities. The asking price for this exceptional development opportunity is $1,700,000. This fully approved project offers immediate potential for significant returns, capitalizing on the strong demand for multifamily housing in this rapidly growing area, bridging the gap between Hartford and Providence. Don't miss this chance to acquire a ready-to-develop site with exceptional potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight