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$ 448,000
Est. payment | /mo
9.79 Acres Lot
$ 448,000
Est. payment | /mo
9.79 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24125384
Annual Tax Amount $1,669
Lot Size 9.790 Acres
Property Sub-Type Residential Land
Property Description
DEVELOPER'S GOLDMINE: 9.79-Acre Corner Lot-APARTMENT COMPLEX & SENIOR HOUSING ZONED | Utilities at Building Site Land For Sale RARE FIND: R-20-M zoning allows HIGH-DENSITY apartments, senior living centers, duplexes, townhomes + recreational amenities. Prime Montville location with commuter access to Hartford, New Haven, Providence. MULTIPLE PROFIT PATHS: Build 7-70 units or more (duplexes to apartment complex) Senior housing community (huge demand) Mixed-use with trails, clubhouse, childcare Up to 5-story construction allowed for dense construction DEVELOPER ADVANTAGES: Corner lot with dual road frontage, close to building site Utilities at site (no costly extensions) Multifamily zoning with subdivision potential Commercial development opportunities TURN SMALL INVESTMENT INTO MILLIONS IN PROFIT PROFIT POTENTIAL: Multi-million dollar upside with pre-approved density rights. Development potential worth 10X+ purchase price. Smart money moves fast on opportunities like this. Multifamily development, apartment building site, senior housing development, investment land, buildable acreage, zoned land for sale, development opportunity, rental property investment, Connecticut real estate development. Available is a complete feasibility report, profit projections, and full presentation showing complete development potential. Serious developers call for discovery consultation.
Location
State CT
County New London
Zoning R20-M
Exterior
Utilities Available Cable Available, Electric Available, Gas Available, Phone Available
Waterfront Description Not Applicable
Building
Lot Description Corner Lot, Lightly Wooded, Rolling, Open Lot
Sewer Public Sewer In Street
Water Public Water In Street, Well Required
Schools
Elementary Schools Murphy
Middle Schools Leonard Tyl
High Schools Montville
Listed by Derek Greene • Derek Greene
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Kerry-Ann Lawson
REALTOR® | Lic# NY:10401292972 CT: RES0813486