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Property profile & analytics
OFF-MARKET
Commercial real estate

10 Railroad Ave East Hampton, CT 06424

1.52 ac lot
Entity Owned 3-yr Hold
Property ID
US15-0460442
Property summary
AI-generated overview

This exceptional 1.52-acre commercial land parcel presents a unique investment opportunity in the desirable East Hampton, Connecticut. Located at 10 Railroad Ave, this property is zoned R-1, offering significant development potential. The lot's size provides ample space for various commercial ventures, subject to local zoning regulations. The property is situated on a quiet dead-end street, ensuring a peaceful environment while maintaining convenient access to local amenities. A key advantage is the availability of sewer lines directly on the street, simplifying infrastructure development. The surrounding area is primarily residential, offering a blend of tranquility and proximity to a thriving community. While currently in its raw state, this property holds significant value, with the potential for increased worth if the seller completes the necessary approval processes for a buyer's specific development plans. This presents a compelling opportunity for developers seeking a prime location in a growing market. The asking price is $50,000. The property's address is 10 Railroad Ave, East Hampton, CT 06424, within Middlesex County. This is a rare chance to acquire a substantial land parcel in a highly sought-after area.

Property profile
Verified
Property type Commercial real estate
Lot 1.52 ac (66,211 SF)
UPID US15-0460442
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ways Solutions LLC · 3 yrs held
Ways Solutions LLC
since 2022
1 recorded transaction
2022
$3.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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