Technical
Financial
Distress signals
Property profile

21 Sheridan Dr Naugatuck, CT 06770

OFF-MARKET
Land
6.5 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire a 6.5-acre industrial land parcel in Naugatuck, Connecticut, listed at $90,000,000. This level, finished site is ideally situated within an established industrial park, just one mile from Route 8, offering convenient access to major transportation arteries. Currently approved for a 20,000 square foot warehouse building, the property boasts 3.5+ acres of prepared land, ready for immediate development. The potential exists for an even larger building footprint should the property be purchased before the owner completes planned site work. Significant infrastructure is already in place, including installed sewer lines, with other utilities readily available at the street. The property is zoned RA1, permitting a variety of industrial uses, making it a highly versatile investment. Given the limited availability of industrial land in the area, this presents a rare and compelling opportunity for developers and investors seeking a prime location for new construction. The address is 21 Sheridan Drive, Naugatuck, CT 06770, within New Haven County.

Property profile

Verified
Property type Land
Lot 6.5 ac (283,140 SF)

Cap rate & NOI

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

Location

21 Sheridan Dr Naugatuck, CT 06770
Naugatuck 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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