Prime Development Land For Sale near Lisbon Landing

Vacant Land for Sale
Catylist Listing ID: 30370516
Property Subtypes: Office, Retail, Other
Gross Land Area: 5 Acres
Sale Price: $995,000
Unit Price: $199,000 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/19/2019

Overview / Comments

Two parcels equaling 5+/- acre of prime development land. City Water/Sewer available. 230’+/- Road frontage. Zone BV-IV: Business Village District 4. For Sale $995,000.

Possible uses: Retail business, i.e. Apparel, Drug, Grocery, Restaurant, Bar, Liquor Store, Magazine, Tobacco. Financial Institutions, Insurance, Government Office, Business and Medical Office/Clinic, Hair Salon, Repair Shop, and many more uses.

Site has an existing 2,500sf +/- office building on it. Land located in the heart of the busy retail district with easy access to I-395 (Exit 21A). Just down the street from Lisbon Landing and Lisbon Crossing.

DIRECTIONS: I-395 Exit 21A (old Exit 84). North on River Road (aka Route 12). Property close to exit ramp, on right.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Lisbon
Tax ID/APN: 20-007-0000
Property Visibility: Excellent
Largest Nearby Street: I-395
Feet of Frontage: 230
Traffic/Vehicle Count: 12,200
Highway Access: I-395 0.10 miles
Airports: Groton / New London 26.5 miles
Site Description: Level
Area Description: Highly visible area; McDona'ds, Mobil/Dunkin Donuts, Better Valu Grocery rith there; on other side of I-395 is Lisbon Landing with Walmart, Home Depot, KIohls, etc and Lisbon Crossing with Target, Lowes, etc...
Lot Frontage: 230
Zoning Description: Business Village District 4 - Commercial
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,394 11,383 42,951
Median Age: 38.15 40.58 39.31
Households: 607 4,492 17,135


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