15 Austin Rd, Waterbury, CT 06705
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miSimilar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.