219 Pomfret St Putnam, CT 06260
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.