89 Canterbury Turnpike

Norwich, CT 06360 Directions
$420,000
  • 25.27Acres

Property Highlights

  • Days on Market: 99
  • MLS: 24137389

Property Highlights

  • Days on Market: 99
  • MLS: 24137389

Presenting a prime 25.27-acre parcel currently undergoing the final stages of a 12-lot subdivision process. This exceptional offering provides significant potential for developers and investors, featuring a fully surveyed property with completed soil testing and engineering nearing completion. Key Features: * 12 Potential Lots: The proposed subdivision is anticipated to yield 12 individual parcels, ranging in size from 0.92 to 3.21 acres each. * Engineering Near Completion: The necessary engineering and permitting work are substantially finished, streamlining the path to final approval and development. * Fully Prepared: The land has been fully...

Property Highlights

  • Days on Market: 99
  • MLS: 24137389

Presenting a prime 25.27-acre parcel currently undergoing the final stages of a 12-lot subdivision process. This exceptional offering provides significant potential for developers and investors, featuring a fully surveyed property with completed soil testing and engineering nearing completion. Key Features: * 12 Potential Lots: The proposed subdivision is anticipated to yield 12 individual parcels, ranging in size from 0.92 to 3.21 acres each. * Engineering Near Completion: The necessary engineering and permitting work are substantially finished, streamlining the path to final approval and development. * Fully Prepared: The land has been fully surveyed and extensive soil testing completed, de-risking the development process. Road Frontage: The property boasts significant road frontage on both Canterbury Turnpike (1350 ft +/-) and Beebe Road (400 ft +/-) off Harland Road. * Zoning: Located within an R40 zoning district. * Value Proposition: Offered as a complete package, representing a substantial discount compared to the projected total market value of the individual finished lots. This is a unique, ready-to-develop opportunity to acquire a fully prepared subdivision project at an attractive package price. All engineering work will be transferred to the buyer. Full subdivision and engineering plans available.

Presenting a prime 25.27-acre parcel currently undergoing the final stages of a 12-lot subdivision process. This exceptional offering provides significant potential for developers and investors, featuring a fully surveyed property with completed soil testing and engineering nearing completion. Key Features: * 12 Potential Lots: The proposed subdivision is anticipated to yield 12 individual parcels, ranging in size from 0.92 to 3.21 acres each. * Engineering Near Completion: The necessary engineering and permitting work are substantially finished, streamlining the path to final approval and development. * Fully Prepared: The land has been fully surveyed and extensive soil testing completed, de-risking the development process. Road Frontage: The property boasts significant road frontage on both Canterbury Turnpike (1350 ft +/-) and Beebe Road (400 ft +/-) off Harland Road. * Zoning: Located within an R40 zoning district. * Value Proposition: Offered as a complete package, representing a substantial discount compared to the projected total market value of the individual finished lots. This is a unique, ready-to-develop opportunity to acquire a fully prepared subdivision project at an attractive package price. All engineering work will be transferred to the buyer. Full subdivision and engineering plans available.

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  • Additional Information
    • Acres: 25.27
    • Area Type: Suburban
    • Divisible: Yes
    • Frontage: 1750
    • High School: Norwich Free Academy
    • Improvements: Lot Staked
    • Is Occupied?: Vacant
    • Property Tax: $240
    • Road Frontage: 1750
    • Road Frontage Description: Municipal Street, Private Road
    • Sewer: Septic Required
    • Tax Amount: $240
    • Utilities Available: Cable Available, Electric Available
    • Zoning: R40
  • Amenities
    • Public Rec Facilities
    • Shopping/Mall

Listing Courtesy of Rick Nassiff of KW Legacy Partners.

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