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673-675 Williams Rd - This Site has been approved for a Data Center 26 Acres of Industrial Land Offered at $2,093,880 CAD in Wallingford, CT 06492

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INVESTMENT HIGHLIGHTS

  • Versatile 26-acre development site within Wallingford’s Watershed Interchange (WI), with flexible zoning and approval for use as a data center.
  • Existing plans for a 100,800-SF facility, with 110-foot truck court, wide access points, on-site parking, and robust loading infrastructure.
  • Central location between Hartford and New Haven, with easy access to major NE metropolitan hubs within one day’s drive.
  • Prime location on Route 68 and directly off Exit 15 of Interstate 91, providing robust daily visibility and convenient access to essential amenities.
  • Competitive industrial submarket, with 2.7% vacancies, five-year annual average rent growth of 6.2%, and no new inventory built in the past decade.
  • Accessible to a large regional workforce, with over 96,000 residents and daytime employment of over 51,000 within a 5-mile radius.

EXECUTIVE SUMMARY

Shape the future of New Haven County with this incredible development opportunity providing 26 acres across two parcels in Wallingford, Connecticut, at 673 & 675 Williams Road. Situated within the Watershed Interchange (WI), the site offers flexible zoning for a variety of permitted uses and has been approved for use as a data center.

673 & 675 Williams Road delivers significant potential for new development, allowing up to 100,800 square feet of new construction. The site has utility right of way easements established, and a new project at the location will be able to leverage Wallingford’s affordable electric rates, a boon for energy-hungry projects like data centers. Current plans look to create a large single facility at the property, with desirable modern infrastructure, including wide access points, a 110-foot truck court, robust loading capabilities, and a large parking lot.

Situated along Route 68 and directly off Exit 15 of Interstate 91, this prime location ensures strong visibility for businesses, with exposure to 72,000 daily vehicles on the highway and an additional 20,000 vehicles on Barnes Road. The site is directly adjacent to a Hilton Garden Inn and sits within a short distance of other large industrial operations for industry-leading tenants such as Amazon, USPS, RJS Technologies, and many more. Proximity to the Route 5 corridor also provides the location with seamless access to quality amenities, including national retail tenants like Walmart Supercenter, ShopRite, Tractor Supply Co., Starbucks, Dunkin’, McDonald’s, Smoothie King, and more, enhancing appeal for tenants.

Wallingford presents an ideal destination for new industrial development, driven by solid leasing fundamentals and valuable demographics. Currently, the submarket posts vacancies of just 2.7%, and with no new inventory under construction in the area for the past decade, this competitive environment has driven rent growth on average of 6.2% annually for the past five years. The city enjoys a central placement between Hartford and New Haven, 30 minutes in each direction, attracting tenants with access to a dependable regional workforce. More than 96,000 residents live within a 5-mile radius, with daytime employment for the area exceeding 51,000. This ideal Northeast location also provides a key advantage to distribution-based businesses, offering easy access to major metropolitan hubs within a one-day drive.

Make a mark on Connecticut’s high-growth data center industry with the versatile development site spanning 26 acres, with immediate highway access and affordable utilities, at 673 & 675 Williams Road.

PROPERTY FACTS

Price $2,093,880 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Office
  • Distribution
  • Healthcare
  • Hospital
  • Hotel
  • Industrial Park
  • Medical
  • Office Park
  • Research and Development
  • Warehouse
Total Lot Size 26.00 AC
No. Stories 1
Zoning WI - Watershed Interchange

1 LOT AVAILABLE

Lot 673-675

Price $2,093,880 CAD
Price Per AC $80,533.85 CAD
Lot Size 26.00 AC

DESCRIPTION

Thomas Ringrose is pleased to present two parcels of land for sale totaling ±26 acres located at 673 & 675 Williams Road in Wallingford, Connecticut. The property has great visibility from Interstate 91, with average daily traffic in excess of 72,882 on the highway and 20,457 on Barnes Road. The site is directly adjacent to I-91’s Exit 15 / Route 68 exit, shares a right of way with the Hilton Garden Inn, is surrounded by neighboring hotels, and is close to Route 5’s many area amenities. The property is located in the Wisconsin (Watershed Interchange) district and has a variety of permitted uses, plus Wallingford’s low electric rates. Permitted uses include: food and beverage, light manufacturing, R&D, WH and distribution, medical, elder care facility, veterinary, and more. Sale price reduced. Call Thomas at (959) 222-3733 for more info or Vin Robitaille at (203) 272-2565.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
93
2 h 8 m
Boston
694,583
122
2 h 29 m
Philadelphia
1,584,138
186
3 h 56 m
Baltimore
602,495
284
5 h 50 m
Washington
702,455
319
6 h 37 m
Virginia Beach
450,189
443
9 h 32 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
286,913
Total Labor Force
155,117
Unemployment Rate
3.25%
Median Household Income
$89,615
Warehouse Employees
23,807
High School Education Or Higher
92.70%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • WALL-000081-000000-000007
  • WALL-000081-000000-000008
Land Assessment
$1,060,782 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,060,782 CAD
  • Listing ID: 36169421

  • Date on Market: 2018-12-19

  • Last Updated:

  • Address: 673-675 Williams Rd, Wallingford, CT 06492

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