Technical
Financial
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Property profile

25 Josie Dr Northford, CT 06472

OFF-MARKET
Land
1.07 ac lot
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Property summary

AI-generated overview

This exceptional 1.07-acre commercial land parcel is situated at 25 Josie Drive in Northford, Connecticut, zip code 06472, within New Haven County. Priced at $26,800, this property presents a unique opportunity for commercial development. Located in a desirable exclusive subdivision, it boasts convenient access to major transportation routes, being just four miles south of Ellisville off Highway 11. Its strategic location offers easy commutes to Laurel and Hattiesburg, making it ideal for businesses seeking proximity to a skilled workforce. The property is also advantageously positioned near key employment centers, including Jones County Junior College (JCJC) only four miles away, and within two miles of Howard Industries and the new GE plant. The subdivision features a beautiful entrance, paved streets, a homeowner's association (HOA), and established covenants. While a septic system will be required, the lot benefits from readily available underground electricity and high-speed Cspire fiber optic internet and television services. Owner financing is available, making this an attractive investment opportunity. The property is part of Phase III, currently open for development.

Property profile

Verified
Property type Land
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25 Josie Dr Northford, CT 06472
Northford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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