20+ Acres for Multi Family Development

Vacant Land for Sale
Catylist Listing ID: 30153783
Property Subtypes: Multi-Family
Gross Land Area: 20.60 Acres
Sale Price: $747,000
Unit Price: $36,262 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

20 + Acres Available. Well & Septic required. Frontage: 315 Ft. 2nd Access on 4 Mile River Rd. Zone: MFR-80 Multi-family. Taxes: $6,362. Next to I-95 at Exit 71. Four Mile River Rd. Close to East Lyme. Proposed Development Site Plan

Additional Details

Nearest MSA: Norwich-New London
County: New London
Tax ID/APN: 19-30-1
Zoning: MFR-80
Property Visibility: Fair
Largest Nearby Street: I-95
Highway Access: I-95, Exit 71
Site Description: Wooded vacant land.
Zoning Description: MFR-80 Multi-family zone.
Topography: Level
Available Utilities: Electric
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,144 15,105 27,914
Median Age: 45.8 45.33 46.22
Households: 768 5,485 10,876


Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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