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Property profile & analytics
FOR SALE
Commercial real estate

219 Pomfret St Putnam, CT 06260

63.63 ac lot
Individually Owned 4-yr Hold
Property ID
US15-1032039
219 Pomfret St, Putnam, CT 06260 For Sale
$525,000
219 Pomfret St, Putnam, CT 06260
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Property summary
AI-generated overview

This exceptional 63.63-acre commercial land parcel presents a remarkable investment and development opportunity in the heart of Putnam, Connecticut. Located directly across from Day Kimball Hospital and near local amenities, this property boasts significant advantages. The lot, identified by APN 1712509, offers approximately 250 feet of frontage on a paved state road, providing convenient access. For added privacy, a secondary access point exists on Richmond Hill Road, along with an existing driveway. The mostly wooded land is lightly treed and potentially sub-dividable, opening doors to various development scenarios. Imagine medical offices, townhouses, condominiums, a senior living community, or even a renewable energy project – the possibilities are vast. Extensive due diligence has already been completed, including soil testing, a property inspection, and a thorough land records search. Percolation test, plot plan/survey, and soil survey documents are available. Public water and sewer services are readily accessible in the street. Electric and gas are also available. The property's assessed value is $173,400, with a current property tax of $5,746 (July 2024-June 2025) based on a 23.64 mill rate. This prime location, coupled with the completed due diligence, makes this a truly compelling opportunity for discerning investors and developers. The lot is staked and ready for your vision.

Property profile
Verified
Property type Commercial real estate
Lot 63.63 ac (2,771,723 SF)
APN 1712509
UPID US15-1032039
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
Blanchard Ft · 4 yrs held
Blanchard Ft
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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