Technical
Financial
Distress signals
Property profile

699 Hopeville Rd Griswold, CT 06351

FOR SALE
Commercial land
Property ID
US15-0675274
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Property summary

AI-generated overview

Amazon is here! So be a part of this established and developing commercial infrastructure! Here is an extraordinary commercial opportunity to acquire 22+ Acres with instant access to Interstate 395 at Exit 24 in Griswold centrally located between New York & Boston and just minutes to the Rhode Island border. The property is less than 5 Miles from the newly launched Amazon Distribution Center, as well as other up 7 running Major Distribution facilities such as Uline, Staples, Lowes & more. Also proposed nearby is the anticipated 1.5 Million Sq Ft Costco Facility. The remarkably developing town infrastructure progress has a positive impact on the increasing property Values & Opportunities. This excellent site is Just 3.5 Miles to the already established Lisbon Landing Shopping Center with Major retailers such as Home Depot, Kohl's, Wal-Mart Supercenter, Michaels, Dick's Sporting Goods, accompanied by many other Shops, Restaurants & Cinema. From this location, much is happening, and more is about to happen along the CT I-395 corridor, in either direction, North & South. Additionally, it is near Railways, 30 minutes to Airport, approximately 10 minutes to Casinos, and Hospitals. It’s roughly 30 minutes to Mystic, Groton & New London. The site is also very near to many outdoor activities as well, including State Parks & Lakes. The Shoreline & Beaches are within 30 minutes. This property is comprised of three parcels.

Property profile

Verified
Property type Commercial land
UPID US15-0675274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

699 Hopeville Rd Griswold, CT 06351
Griswold metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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