This exceptional 1.41-acre commercial land parcel presents a compelling investment opportunity in Waterbury, Connecticut. Located at 1658 Thomaston Avenue, this property boasts a prime corner lot position on a busy thoroughfare, ensuring high visibility and accessibility. The existing CG zoning permits a range of commercial uses, making it ideal for developers seeking mixed-use redevelopment projects. An approved site plan is already in place, streamlining the development process and potentially reducing lead times. The substantial lot size offers ample space for a variety of commercial ventures, from retail establishments to office buildings or a combination thereof. Situated in New Haven County, this property benefits from convenient access to major transportation routes and a thriving local economy. The asking price of $319,000 represents a significant value proposition for investors looking to capitalize on the potential of this strategically located land. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Connecticut location. Don't miss out on this chance to build your next successful venture. Contact us today to learn more.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,616,299
Hospitality
$4,228,505
Educational
$3,518,066
Medical
$3,639,058
Retail
$5,472,548
Location Insight
City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5905
Longitude
-73.0523
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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