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Property profile & analytics
FOR SALE
Commercial real estate

43 Groveland Ave Putnam, CT 06260

0.42 ac lot
Property ID
US15-0815878
Property summary
AI-generated overview

This exceptional 0.42-acre lot at 43 Groveland Avenue in Putnam, Connecticut, presents a unique opportunity for residential development. Approved for building, this R10-zoned parcel offers the flexibility to construct a single-family home or explore multi-family possibilities. Enjoy breathtaking views overlooking downtown Putnam, extending to South Woodstock, making this an ideal location to watch the annual Fourth of July fireworks. The property boasts convenient access to major shopping centers, diverse eateries, and the renowned Putnam Antique District. Its proximity to Interstate 395 ensures effortless commuting. Infrastructure is readily available, with city water, sewer, and power conveniently located at the property's base. Significant site preparation has already been completed. A rough driveway is in place, and the homesite was excavated and cleared in 2011, although some light regrowth remains. The asking price for this remarkable property is $67,000. Don't miss this chance to build your dream home in a desirable location with stunning views and convenient amenities. This is a truly exceptional opportunity in Windham County, CT, zip code 06260.

Property profile
Verified
Property type Commercial real estate
Lot 0.42 ac (18,295 SF)
UPID US15-0815878
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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