0 Newfield Rd Torrington, CT 06790
This exceptional 10.78-acre parcel presents a prime residential development opportunity in Torrington, Connecticut. Located at 0 Newfield Rd, 06790, this property offers significant potential for various residential projects. The land is comprised of two distinct zoning areas: approximately 8.9 acres are zoned R6, and approximately 1.88 acres are zoned R15. This dual zoning allows for flexibility in development plans, potentially accommodating apartments, condos, or other uses permitted under R6 zoning, or through special exception. The property's substantial size and versatile zoning make it an attractive investment for developers seeking to capitalize on the growing demand for housing in the area. City utilities are readily available, simplifying infrastructure connections. Detailed survey maps are accessible for thorough due diligence. The current annual real estate taxes are $2,506.91. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a desirable Connecticut town. Don't miss this chance to build your next successful project. Contact us today to learn more.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.