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Property profile & analytics
OFF-MARKET
Land

560 Colman St New London, CT 06320

40,946 SF 0.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.94-acre commercial land parcel presents a remarkable opportunity for development. Situated at the northwest corner of Colman Street and Waldo Street in New London, Connecticut, this single-tenant pad site boasts unparalleled visibility and accessibility. The property is conveniently located on Route 1 (Colman Street), offering easy access to Interstate 95 via Exit 83. With a total buildable area of 40,946 square feet, this site is ideal for a variety of commercial uses. Its location in New London County, Connecticut, provides access to a thriving market and strong demographics. The property's strategic placement at a high-traffic intersection ensures maximum exposure to potential customers. This is a rare opportunity to acquire a prime commercial land parcel in a desirable location with excellent access to major transportation arteries. The site's size and location make it an attractive investment for businesses seeking high visibility and convenient access for their customers. This exceptional property is ready for immediate development, offering a unique chance to establish a thriving commercial presence in a dynamic market. The address is 560 Colman St, New London, CT 06320.

Property profile
Verified
Property type Land
Total area 40,946 SF
Lot 0.94 ac (40,946 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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