47 Shore Rd Voluntown, CT 06384
This exceptional 18-acre commercial land parcel, located at 47 North Shore Road in Voluntown, Connecticut (zip code 06384), presents a unique investment opportunity. The property, identified by APN 035/007-00/0047, is zoned RD and boasts approximately 35 feet of road frontage. The land is primarily composed of fine sand, already approved for use as a gravel bank, eliminating the need for crushing or screening. While a well and septic system are required, the existing infrastructure presents a solid foundation for development. Annual property taxes are $2,483. Permitted uses under the current zoning include one- or two-family dwellings, places of worship, kennels, and riding stables. Additional uses, such as auto repair shops, private schools, resorts, campgrounds, and agricultural buildings, may be permitted through special permits. This expansive lot offers significant potential for a variety of commercial ventures, capitalizing on its strategic location and approved gravel bank status. Detailed zoning information is available upon request. The asking price for this remarkable property is $495,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.