Property profile

20-26 Wauregan Rd Killingly, CT 06239

OFF-MARKET
Land
1.48 ac lot
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Property summary

AI-generated overview

This exceptional 1.48-acre development site in Killingly, Connecticut, presents a unique opportunity for commercial expansion. Located at the intersection of Routes 6 and 12, this corner lot boasts unparalleled visibility and convenient access to Interstate 395, ensuring high traffic flow and strong brand exposure. The property is zoned GC, allowing for a diverse range of commercial uses. Plans can accommodate up to 12,000 square feet of retail, warehouse, or large showroom space with office capabilities. Its proximity to a Big Y supermarket further enhances its desirability and potential for attracting customers. The asking price for this strategically located parcel is $700,000, and the seller is open to negotiations. This prime location, combined with its flexible zoning and ample space, makes this an ideal investment for developers seeking a high-impact commercial project in a thriving Connecticut market. The address is 20-26 Wauregan Rd, Killingly, CT 06239. This property is also available for lease.

Property profile

Verified
Property type Land
Lot 1.48 ac (64,469 SF)

Cap rate & NOI

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

Location

20-26 Wauregan Rd Killingly, CT 06239
Killingly 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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