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    588± Acres On Gilbert Rd Watertown, CT 28422

    • Land
    • 588.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 588± Acres On Gilbert Rd

    Lot size
    588.00 lot acres
    Property type
    Land

    Description

    This exceptional 588± acre commercial land parcel presents a significant investment opportunity in Litchfield County, North Carolina. Located on Gilbert Road in Bolivia, near Watertown, CT, this expansive property offers unparalleled potential for a variety of large-scale commercial developments. The sheer size of the land provides ample space for projects requiring extensive acreage, such as industrial parks, logistics centers, large-scale retail developments, or even a mixed-use complex. The property's location offers convenient access to major transportation routes, facilitating efficient logistics and distribution. With its substantial size and strategic location, this property represents a rare chance to acquire a significant land holding with considerable future development potential. The asking price is $4,800,000. Detailed surveys and environmental reports are available upon request. This is a unique opportunity to secure a substantial land asset in a rapidly growing area. The property is zoned for commercial use, although buyers should conduct their own due diligence to confirm zoning and permitted uses. All information provided is deemed reliable but not guaranteed and should be independently verified. Serious inquiries only. Contact us today to schedule a site visit and explore the possibilities. The property address is 588± Acres on Gilbert Road, Bolivia, NC 28422.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1182
    Latitude
    41.6062
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    588± Acres On Gilbert Rd
    Watertown, CT 28422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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