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Property profile

93 Andrew Mountain Rd Naugatuck, CT 06770

OFF-MARKET
Land
93.78 ac lot
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Property summary

AI-generated overview

This exceptional 93.78-acre property located at 93 Andrew Mountain Road in Naugatuck, Connecticut, presents a significant investment opportunity. Zoned for residential, commercial, and industrial uses, this expansive parcel offers unparalleled versatility for a wide range of development projects. Its strategic location, approximately one mile from the under-construction downtown train station and the forthcoming Port of Naugatuck (a freight train distribution hub), promises exceptional accessibility and connectivity. The property's size and zoning allow for diverse development scenarios, including a high-end senior condo complex, an industrial park for manufacturing businesses, a solar farm, new residential homes, or a combination thereof. The potential for significant returns is substantial, given the current market dynamics and the anticipated growth spurred by the new transportation infrastructure. The property is situated in New Haven County, Connecticut, with a zip code of 06770. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a large tract of land in a rapidly developing area with exceptional potential for future growth and profitability. The asking price for this remarkable property is $600,000. Don't miss this chance to capitalize on the exciting transformation happening in Naugatuck.

Property profile

Verified
Property type Land
Lot 93.78 ac (4,085,057 SF)

Cap rate & NOI

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

Location

93 Andrew Mountain Rd Naugatuck, CT 06770
Naugatuck metro
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Value estimations

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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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