66 Main St Clinton, CT 06413
This exceptional 2.4-acre property in Clinton, Connecticut, presents a unique investment opportunity. Located at 66 West Main Street, 06413, this land parcel offers significant potential for multi-family or condo development. The property consists of two parcels zoned B-4 and R-10, providing flexibility for various development plans. The land boasts a desirable flat topography, free of wetlands, and features an excellent percolation rate of 3 inches per minute. City water, gas, electric, and septic services are readily available. A small, income-producing house is included in the sale, providing immediate cash flow. The high traffic count of 9,600 vehicles daily underscores the property's prime location. Its convenient proximity to the train station, marina/beach, and the town center adds to its appeal. Detailed site plans, septic/perc test data, and a survey are available upon request. The asking price for this remarkable property is $749,500, representing a land value of $312,291.67 per acre. Don't miss this chance to acquire a highly desirable development site in a thriving Connecticut community.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.