Development Land For Sale $250,000 subject to sub-division

Vacant Land for Sale
Catylist Listing ID: 30367476
Property Subtypes: Industrial, Office, Self Storage
Gross Land Area: 7 Acres
Sale Price: $250,000
Unit Price: $35,714 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/24/2019

Overview / Comments

Development land For Sale subject to sub-division. 7+/- acres with approx. 3.5 acres buildable. Located in the Norwich Business Park. Land has an unpaved road to three building sites. Site 1 good for up to a 6,000sf building; Site 2+3 are good for up to a 12,000sf building total. City water/sewer/ natural gas is in street. Zone BP Business Park. REDUCED - now $250,000.

PERMITTED USES: Bars, Cafes & Restaurants (no drive-thru), Gyms, OTB’s, Visitor Centers, Offices, Government facilities, Research Labs, Technology Research, Veterinary Hospitals, Hotels/Inns, Manufacturing, Foundry casting light-weight materials, Community Gardens, Open Space, Motor Vehicle Retail Sales, Warehouse & Storage, Public Utility Line, Stations, Facilities and Buildings and Power plants, Solar Equipment…

BY SPECIAL PERMIT: Assembly Halls, Colleges & Universities, Clinic & Medical Offices, Saw or Planning Mill, Truck Terminal, Urban Farm…

DIRECTIONS: I-395 Exit 14. Go west on West Town St. Turn right onto Connecticut Ave. About 0.4 up the hill to second curb cut, just past first curb cut of 40 Connecticut Ave.

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Norwich
Tax ID/APN: 242 1 8
Zoning: BP BUSINESS PARK
Legal Description: Located in Norwich Business Industrial Park
Largest Nearby Street: West Town St.
Feet of Frontage: 200
Traffic/Vehicle Count: 3,100
Highway Access: I-395 0.9 mile
Airports: Groton / New London 20.1 miles
Site Description: Upper lot of 40 Connecticut Ave.
Area Description: Industrial Business Park
Lot Frontage: 200
Zoning Description: BP Business Park
Available Utilities: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,259 23,213 52,615
Median Age: 35.52 39.56 39.2
Households: 607 9,509 21,313

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