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Property profile & analytics
FOR SALE
Commercial land

454 Providence Rd Brooklyn, CT 06234

2.32 ac lot
Individually Owned 9-yr Hold Free & Clear
Property ID
US15-0407335
Property summary
AI-generated overview

This 2.32-acre commercial land parcel in Brooklyn, Connecticut, presents a unique investment opportunity. Located at a four-way traffic light directly adjacent to a Walmart Supercenter, this property boasts exceptional visibility and accessibility. An existing easement allows convenient access from the Walmart driveway. The site is zoned PC (Planned Commercial) and benefits from public water, sewer, and gas services readily available in the street. With 250 feet of frontage, the lot offers ample space for development. The property's strategic location within the Route 6 retail corridor places it near a high concentration of national tenants, including Dunkin' Donuts, McDonald's, KFC, Subway, CVS, and Enterprise Rent-A-Car. Less than 2.5 miles from I-395 (exits 37/37B), this location ensures high traffic counts, estimated at 13,100 vehicles. The land is relatively level, lightly wooded, and dry. Annual property taxes are $5,617. This property is ideal for developers seeking a high-traffic, high-visibility location for a variety of commercial uses. The combination of its prime location, convenient access, and existing infrastructure makes this a compelling investment opportunity. The asking price is $497,500. The address is 454 Providence Rd, Brooklyn, CT 06234.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.32 ac (101,059 SF)
Zoning code PC
APN BROO M:41 L:10B
UPID US15-0407335
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Richard Green · 9 yrs held
Richard Green
since 2017
2 recorded transactions
2017
Price N/A
2017
Price N/A
Zoning & alternative use
PC · Brooklyn, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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