WORLD CLASS SITES ADJACENT TO MOHEGAN SUN DEVELOPMENT

Vacant Land for Sale
Catylist Listing ID: 30386595
Property Subtypes: Hospitality, Multi-Family, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 16.59 Acres
Sale Price: $14,900,000
Unit Price: $898,131 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/8/2019

Overview / Comments

WORLD CLASS development parcel adjacent to MOHEGAN DEVELOPMENT PARCEL. New zoning regs will permit numerous and wide ranging uses. Traffic is expected to double from the existing count of ~15,000 cars per day. THIS IS A LAND SALE: An existing house on property may be rented while awaiting development ( N.B. The house is a tear down and the property is being sold "as is"). Directly across the Thames River from the Mohegan Sun. This is one of a few parcels available to take advantage of new zoning regs outside the 388 acre Mohegan development.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Preston, CT
Tax ID/APN: 22-0-12-71
Property Located Between: Intersection of Routes 2A and 12
Property Visibility: Excellent
Largest Nearby Street: Route 12
Feet of Frontage: 50
Traffic/Vehicle Count: 15,000
Highway Access: Interstate 395 via route 2: 3 miles; Interstate 95: 7 miles
Airports: Bradley International 1 hour
Site Description: Approximately 14 usable acres; mostly flat; visible to Route 12 and adjacent to Mohegan Sun's 400 acre development project.
Area Description: For a comprehensive description of the area, please see the available multi-page brochure and video. These two marketing pieces will also describe an additional four adjacent parcels that are for sale, with the total available acreage of 25+/- ACRES.
Zoning Description: Special Thames River Design Development District (STRDDOD). See brochure for a full description of this unique zone.
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,181 19,604 61,450
Median Age: 41.65 38.81 39.62
Households: 433 7,221 23,829

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.