0 Murphy Rd Franklin, CT 06254
This exceptional 16.8-acre commercial land parcel in Franklin, Connecticut, presents a unique investment opportunity. Comprising three separate lots, each zoned C-2 Light Commercial, this property offers significant development potential. Previously approved site plans exist for three flex buildings totaling 78,000 square feet: one 22,000 square foot building, one 30,000 square foot building, and one 26,000 square foot building. The property's location within a thriving business area ensures high visibility and accessibility. Conveniently situated near Routes 2 and 32, and within a 32-minute drive of I-395, this location provides excellent connectivity for businesses and employees. The asking price for this prime commercial land is $795,000. This is an ideal site for a commercial business park or individual development projects, offering flexibility to suit various business needs. The existing approved site plans streamline the development process, minimizing delays and maximizing efficiency. Don't miss this chance to acquire a substantial commercial property in a strategic location with significant growth potential. The property is located in New London County, Connecticut, with the address being Murphy Rd, Franklin, CT 06254.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.