566 Colman St New London, CT 06320-2602
- Commercial land
- 4,756 SF
- 0.94 lot acres
Current Use by Public Records
- Commercial land
Property Details for 566 Colman St
- Construction
- WOOD FRAME
- Lot size
- 0.94 lot acres
- Property size
- 4,756 SF
- Property type
- Commercial land
- APN
- NLON M:C08 B:0260 L:0012
- APU
- NLONMC08B0260L0012
Description
This 0.94-acre commercial lot in New London, Connecticut, presents a unique investment opportunity. Located on Colman Street, this property boasts a prime location within a high-traffic area, averaging approximately 12,000 vehicles daily. The lot is fully paved, well-lit, and features properly installed drainage, ensuring ease of use and maintenance. With a capacity for 150 parking spaces, this property is ideal for a variety of commercial uses. The property is zoned C-2, offering flexibility for potential development. Previously environmentally assessed, this lot is ready for immediate use or development. Its strategic location amongst car dealerships and fast-food establishments guarantees high visibility and accessibility. The asking price is $1,199,000. The property is currently available for sale. Prior lease agreements have expired.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New London
- County
- New London
- State
- Connecticut
- Longitude
- -72.117
- Latitude
- 41.3657
- CBSA code
- 35980
- CBSA name
- NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
