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140 Waterford Parkway SouthWaterford, CT 06385MLS Number 170478334

  • Price: $8,000,000The price has recently decreased
  • Est. Mortgage of $/month
  • 132 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.99% last updated on 2022-08-04

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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140 Waterford Parkway South Waterford CT 06385
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  • 328Acreage
  • 5Number of Lots
  • ActiveMLS Status
  • $27,871Taxes
The former Waterford Airport consisting of 189 acres in the IP-1 zone and 4 separate lots totaling 139 acres in the R-40 zone are offered as a master development opportunity to create a mixed use environment on the 328 acres. With 600 feet of frontage on I-95, the site is directly across from a major retail destination that includes Lowes, Walmart Supercenter as well as other major national retailers. EB, Pfizer and the Coast Guard and Navy facilities are just minutes away in New London and Groton. The 328 acres are suitable for commercial, industrial, recreational and residential uses, with the town of Waterford open to an integrated set of uses that are compatible with those allowed by right as well as those allowed by special permit. Property is accessed from Waterford Parkway South which runs parallel to I-95 off exit 81 Cross Road (north and south). 189 ACRES IN THE IP-1 ZONE OFFERED SEPARATELY - $6,750,000. 139 ACRES IN THE IN THE R-40 ZONE OFFERED SEPARATELY- $2,500,000.
Listed by Penny Parker of Lyman Real Estate

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Call: 860-535-8364

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Seaboard Properties

Your Local Office

Seaboard Properties
108 Water St
Stonington CT, 06378

Office: (860) 535-8364

More Info

Basic Information

  • Acreage328
  • StatusACT
  • List Price$8,000,000
  • Broker NameLyman Real Estate
  • Virtual TourView Tour
  • Number of Lots5
  • HoaNo
  • Property subtypeCommercial Land
  • Property TypeLand
  • MLS Number170478334
  • MLS StatusActive

Amenities

  • AmenitiesMedical Facilities, Shopping/Mall
  • Other AmenitiesWaterfront

Water Body

  • Waterfront DescriptionBrook

Tax Information

  • Taxes$27,871
  • Milrate base27
  • Milrate total27.64
  • Tax YearJuly 2021-June 2022
  • Assessed value$1,008,340

Building

  • Garage Spaces

Property

  • Lot DescriptionRear Lot, Open Lot, Additional Land Avail., Some Wetlands
  • LotimprovementsNone
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • Road Frontage572
  • Road Frontage DescriptionInterstate Highway, State Road, Paved Road
  • SwimmingpoolNo

Other

  • ZoningIP-1 & R-40
  • Fha approvedNo
  • Lease purchaseNo
  • Documents AvailableDemographic Data, Environmental Site Assess., Legal Description, Plot Plan/Survey, Topographical Survey
  • Possession availabilitynegotiable
  • View Count13

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Location

  • StateCT
  • Building Number140
  • StreetWaterford Parkway South
  • TownWaterford
  • Zip06385
  • CountyNew London
  • LocationHighway Access, Suburban, Industrial Park, Shopping Mall, Strip Mall

Utilities

  • Utilities availableElectric Available, Gas Available, Phone Available, Cable Available
  • Water sourcePublic Water In Street
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer In Street

Auction

  • Bank owned propertyNo

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