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Property profile & analytics
OFF-MARKET
Land

2 Larkey Rd Middlebury, CT 06762

23.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 23.5-acre industrial-zoned parcel presents a compelling investment opportunity in Middlebury, Connecticut. Located at 2 Larkey Rd, 06762, this property boasts excellent access to major transportation arteries, including I-84 and Route 8, ensuring seamless logistics and connectivity. The site is situated in a high-growth, business-friendly municipality, offering potential for significant tax incentives through the New Airport Enterprise program. The land is divisible, providing flexibility for various development scenarios. Utilities are readily available, with sewer access on the west end in Bridal Trail, and water and gas accessible at the intersection of North Larkey Road and Commerce Drive. The seller is open to considering a lease or build-to-suit arrangement, catering to diverse development needs. This property is offered at $995,000. Its strategic location near the Oxford/Waterbury Airport further enhances its appeal and potential for future growth. This is a rare opportunity to acquire a substantial industrial land parcel in a thriving Connecticut location.

Property profile
Verified
Property type Land
Lot 23.5 ac (1,023,660 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
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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