Development Site Next to I-95 in Groton

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30347874
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort, Other
Status: Pending/Contingent
Gross Land Area: 14.05 SF
Sale Price: See Agent
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

GOMAN+YORK is pleased to offer an opportunity to purchase this promising prospect for redevelopment. Prominently situated, elevated on the westbound side of I-95 in Groton, CT, the site would be ideal for a development that would leverage the adjacent retail hub, Groton Square, as well as the nearby large employers such as General Dynamics Electric Boat, The Naval Submarine Base, Pfizer, Foxwoods, Mohegan Sun, and Lawrence & Memorial Hospital.

This property is very conveniently located at the junction of I-95, and major State Routes 12 and 184. The Town of Groton is the Seller, and they are very amenable to see this site developed to its highest and best use. They are open for business and ready to work with the right developer.

Additional Details

Nearest MSA: Norwich-New London
County: New London
Tax ID/APN: 168915641769
Zoning Description: CA-12 Commercial Retail

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,659 57,596 92,211
Median Age: 32.76 32.73 37.52
Households: 4,183 21,745 35,821


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