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Property profile & analytics
OFF-MARKET
Land

0 Newfield Rd Torrington, CT 06790

10.78 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.78 ac (469,577 SF)
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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