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Property profile & analytics
OFF-MARKET
Land

0 Bunker Hl Rd Ext Watertown, CT 06795

Property ID
Property summary
AI-generated overview

Heritage Woods presents a unique investment opportunity in Watertown, Connecticut. This expansive industrial land parcel, located on Bunker Hill Road Extension (zip code 06795), is zoned for multi-family development. The property boasts an approved plan for a substantial housing development comprising 350 units. This pre-approved project significantly reduces development hurdles and timelines, offering immediate potential for substantial returns. The site's strategic location in Litchfield County provides excellent access to regional transportation networks and amenities, making it highly attractive for both residents and investors. The asking price for this exceptional property is $4,500,000. Given the approved plan for a 350-unit development with a 55 and over age restriction, this land offers a compelling opportunity to capitalize on the growing demand for senior housing in the area. The property's size and zoning make it ideal for a large-scale development project, promising significant long-term value appreciation. Detailed site plans and development approvals are available upon request. This is a rare chance to acquire a fully permitted, shovel-ready development site in a desirable Connecticut location. Don't miss this opportunity to secure a high-yield investment with significant future growth potential. Contact us today to learn more.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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