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Property profile & analytics
OFF-MARKET
Commercial land

207 Boston Post Rd East Lyme, CT 06333-1659

2.72 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US15-0993013
Property summary
AI-generated overview

This exceptional 2.72-2.87 acre commercial land parcel presents a unique investment opportunity in East Lyme, Connecticut. Located at 207 Boston Post Rd, 06333, this property boasts 300 feet of frontage on the highly trafficked Boston Post Road (Route 1) and an additional 550 feet of frontage on Upper Pattagansett Road, creating a wide corner lot with exceptional visibility. Situated just east of the East Lyme Post Office and less than half a mile from Flanders Four Corners, the property benefits from its location amidst existing retail businesses. The land is zoned for commercial use within the commercial district-CA. Sewer access is readily available, and recent state road improvements, including a new bridge, have significantly enhanced accessibility and visibility. The property's ideal location and improved infrastructure create numerous commercial development possibilities. A 10-year lease option is available at $1000/month. The asking price is $150,000. The property's APN is Map 30.2 Lot 65. Ownership is held by Marc Gottesdiener and family of Audra Winston.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.72 ac (118,578 SF)
Zoning code CA
APN ELYM M:030.2 B:00065 L:00000
UPID US15-0993013
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
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Owner & transaction history
AUDRA M WINSTON
AUDRA M WINSTON
Zoning & alternative use
CA · East Lyme, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

20.25 RESTAURANT OUTDOOR DINING IN CA AND CB ZONES- The purpose of this section is to promote and regulate Outdoor Dining. Outdoor dining shall be permitted outright subject to compliance with Section 20.25 and approval by the Zoning Official. Such dining shall be subject to a Special Permit for establishments that serve alcoholic beverages (see Section 25 “…

Zone name Commercial
General category COMMERCIAL
Zone area 687.78 ac
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