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Property profile & analytics
FOR SALE
Industrial land

135 Route 32 Franklin, CT 06254

87 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US15-0608139
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 87 ac (3,789,720 SF)
Zoning code IND
APN FRAN M:44 B:28
UPID US15-0608139
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ROUTE 32 ASSOCIATES LLC
ROUTE 32 ASSOCIATES LLC
Zoning & alternative use
IND · North Franklin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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