Evergreen Estate

Vacant Land for Sale
Catylist Listing ID: 30419381
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 1.58 Acres
Sale Price: $1,400,000
Unit Price: $886,075 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/15/2019

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
Tax ID/APN: 22-0-2A-253
Property Located Between: Two of the largest casinos in the world
Legal Description: Available
Largest Nearby Street: CT Route 2
Feet of Frontage: 184
Traffic/Vehicle Count: 15,000
Highway Access: Immediate access to CT 2A and Interstate 395
Site Description: Slightly sloping.
Area Description: Directly across the Thames River and adjacent to the Mohegan Tribes 400 Acre proposed development.
Lot Frontage: 184

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,593 23,578 61,450
Median Age: 44.27 37.83 39.62
Households: 1,037 8,825 23,829

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