423 Providence Rd Brooklyn, CT 06234
- Commercial land
- 1.14 lot acres
Current Use by Public Records
- Commercial land
Property Details for 423 Providence Rd
- Lot size
- 1.14 lot acres
- Zone code
- PC
- Property type
- Commercial land
- APN
- BROO M:41 L:119B
- APU
- BROOM41L119B
Description
This exceptional 1.14-acre commercial land parcel, located at 423 Providence Rd in Brooklyn, Connecticut (zip code 06234), presents a unique investment opportunity. Priced at $349,500, this property boasts a prime location directly across from a Walmart Supercenter, ensuring high visibility and significant foot traffic—a daily count of 14,900 vehicles. The site benefits from readily available city water, sewer, and gas utilities. The property is zoned PC, allowing for diverse development options. Conceptual plans already exist for various uses, including retail spaces, self-storage or contractor bays, and even apartment or senior living facilities. This versatility makes it ideal for a range of commercial ventures. Furthermore, an additional 10.48 acres are available for purchase in the rear for $799,500, providing potential for expansion or future development. The lot size can be increased to up to 2 acres at an additional cost. This property's strategic location, utility access, and flexible zoning make it an attractive investment with significant potential for growth and return.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Windham
- State
- Connecticut
- Longitude
- -71.9143
- Latitude
- 41.7963
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA