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    Riverside Dr & Azud Rd Thompson, CT 06277
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    Riverside Dr & Azud Rd, Thompson, CT 06277

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    • Apartment buildings
    • 12.82 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 0 Riverside Dr & Azud Rd

    Lot size
    12.82 lot acres
    Property type
    Apartment buildings

    Description

    This exceptional 12.82-acre site in Thompson, Connecticut, offers a fully approved plan for a 60-unit townhome community. The development will consist of fifteen four-unit buildings, allowing for phased construction. Each townhome boasts an attached garage, private driveway, open floor plan, and outdoor patio space. The property is conveniently served by public sewer and Eversource three-phase power. This prime location presents a compelling opportunity for either a for-sale condominium project or a build-to-rent community. Situated in Windham County, it enjoys proximity to major transportation arteries, including the I-395 entrance ramp (1.3 miles). Commuting is easy, with Worcester, MA, a mere 30 minutes away, and Boston, Providence, Springfield, Hartford, and New London all within an hour's drive. Residents will appreciate the nearby amenities, including the Putnam district's dining and shopping (less than 2 miles), numerous state parks and lakes (Quaddick State Park, West Thompson Lake, etc.), and recreational options such as Thompson Motor Speedway and several golf courses. Furthermore, Day Kimball Hospital is less than three miles away, and the University of Connecticut's main campus in Storrs is approximately 25 miles distant. This development presents a unique blend of convenience, natural beauty, and significant investment potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Thompson
    County
    Windham
    State
    Connecticut
    Longitude
    -71.8948
    Latitude
    41.936
    More about this property
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