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140 Waterford Parkway South - Former Waterford Airport 328 Acres of Commercial Land Offered at $11,076,000 CAD in Waterford, CT 06385
EXECUTIVE SUMMARY
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).
PROPERTY FACTS
| Price | $11,076,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 328.00 AC |
| Property Type | Land | ||
| Zoning | IP-1 & R-40 | ||
| Price | $11,076,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 328.00 AC |
| Zoning | IP-1 & R-40 |
1 LOT AVAILABLE
Lot 1
| Price | $11,076,000 CAD | Lot Size | 328.00 AC |
| Price Per AC | $33,768.29 CAD |
| Price | $11,076,000 CAD |
| Price Per AC | $33,768.29 CAD |
| Lot Size | 328.00 AC |
The former Waterford Airport on 189 acres in the IP-1 zone and four additional lots on 139 acre in the R-40 zone are being offered as a master development of mixed uses for commercial, industrial, recreational and residential.
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PROPERTY TAXES
| Parcel Number | WATE-000111-000000-009514 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,816,134 CAD | Total Assessment | $1,816,134 CAD |
PROPERTY TAXES
Parcel Number
WATE-000111-000000-009514
Land Assessment
$1,816,134 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,816,134 CAD
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140 Waterford Parkway South - Former Waterford Airport
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