For Sale
$910,840

6 LavonWest Haven, CT 06516

1.23 Acres, Prime Commercial Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.23-acre commercial land parcel presents a unique investment opportunity in West Haven, Connecticut (zip code 06516), situated at State Highway 78 south of FM 6, Lavon. Priced at $910,840 ($17 per square foot), this property is zoned under a Planned Development Ordinance, permitting uses such as restaurants, retail establishments, or office spaces. The land is located at the northwest corner of Highway 78 and future Cedar Street, benefiting from a planned traffic light at the intersection. This strategic location within the Lake Breeze Estates development offers high visibility and accessibility. The site is adjacent to a 109-lot residential development and directly across the highway from two major developments currently under construction: the approximately 200-acre LakePointe development (primarily single-family homes) and the 1,600-acre Elevon Development (mixed-use). Lavon's rapid residential growth fuels a strong demand for commercial and retail spaces, making this property ideally positioned to capitalize on this expanding market. The six-lane divided Highway 78 and its proximity to FM 6 ensure high traffic volume and excellent exposure for businesses. Financing options include cash or conventional financing. This prime location offers significant potential for long-term growth and return on investment.

Highlights

  • $910,840 asking price for 1.23 acres of commercial land.
  • $17 per square foot land value.
  • Planned Development Ordinance zoning allows for restaurants, retail, or office uses.
  • Financing options include cash or conventional loans.

Property Details for 6 Lavon

Property type
Land
Lot Size (sq. ft)
53,579 SF

Location Insight

City
West Haven
County
New Haven
State
Connecticut
Latitude
41.2681575
Longitude
-72.9637728
6 Lavon, West Haven, Connecticut

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6 Lavon
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