135 Route 32 Franklin, CT 06254
For Sale
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This exceptional 87-acre parcel presents a significant development opportunity in Franklin, Connecticut. Located on Route 32, the property boasts extensive road frontage, offering excellent visibility and accessibility. The land is zoned for industrial use, providing flexibility for a variety of projects. Utilities are readily available, including water, sewer, and natural gas, simplifying the development process. Its strategic location offers convenient access to major transportation arteries, including Routes 2 and 32, and is just minutes away from Interstate 395, ensuring seamless connectivity to regional and national markets. The sloping terrain of this sizable lot provides potential for creative site planning and development. This is an ideal location for businesses seeking a prominent presence in a thriving area with strong infrastructure support. The asking price for this substantial land holding is $1,750,000. Serious inquiries are encouraged. The property is situated in New London County, Connecticut, with a zip code of 06254. The address is 135 Route 32, Franklin, CT.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IND · North Franklin, CTNorth Franklin. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.