61-65 Town St Norwich, CT 06360
- Land
- 0.68 lot acres
Current Use by Public Records
- Land
Property Details for 61-65 Town St
- Lot size
- 0.68 lot acres
- Property type
- Land
Description
This exceptional 0.68-acre commercial land parcel presents a unique investment opportunity in Norwich, Connecticut. Strategically located at the intersection of New London Turnpike and Town Street, the property boasts exceptional visibility due to its placement at two lighted intersections. The site offers 29,669 square feet of developable land, ideal for a variety of commercial uses. Its advantageous position is further enhanced by its proximity to a Stop & Shop anchored shopping center, ensuring high foot traffic and convenient access for potential businesses. Nearby established retailers include Planet Fitness, Big Lots, Great Clips, Quest Diagnostics, and Dollar Tree, creating a vibrant and thriving commercial environment. The location benefits from a densely populated area, with a significant population base within a 3-mile radius (37,191) and a 5-mile radius (50,699), providing a substantial customer pool for any new development. This property is situated in New London County, Connecticut, with the address being 61-65 Town Street, Norwich, CT 06360. The property's size and location make it an attractive proposition for developers and investors seeking a high-impact commercial venture in a bustling Connecticut community. This is a rare opportunity to acquire a prime commercial land parcel in a high-traffic area with strong demographics.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwich
- County
- New London
- State
- Connecticut
- Longitude
- -72.0928
- Latitude
- 41.5476
