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    OFF-MARKET
    Commercial real estate

    15 Austin Rd, Waterbury, CT 06705

    1 SF
    Property ID
    US15-1277167
    Property summary
    AI-generated overview

    This exceptional commercial real estate opportunity presents 1.51 acres of prime retail land situated on Austin Road in New Haven County. The property is zoned GCD, allowing for a variety of commercial uses, including, but not limited to, convenience stores (C-store permitted), fast food establishments, and other retail businesses. The site boasts a highly desirable location, benefitting from its proximity to established national retailers such as Kohl's, Costco, and Restaurant Depot, ensuring high visibility and significant foot traffic. Currently, one retail space is available, offering immediate development potential. The property's strategic placement within a thriving commercial corridor presents an unparalleled chance for investors and developers seeking a high-return investment. The 1.51-acre lot provides ample space for a variety of development scenarios, catering to diverse business needs. With its versatile zoning and advantageous location, this property is poised for immediate success and long-term growth. Up to an additional 1.69 acres may be available, totaling up to 3.2 acres. This presents a unique opportunity to acquire a significant parcel in a high-demand area. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1 SF
    UPID US15-1277167
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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