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8 Turnberry Ln
Sandy Hook, CT 06482
Land For Sale
·
2.59 AC
Investment Highlights
- Fully approved and entitled 44,000 GSF self-storage development with 35,500 rentable SF.
- Located in an undersupplied market with only 5.64 NRSF per person within a three-mile radius.
- Area population growth of 12% since 2000, with continued growth projected through 2027.
- 322 total units, including 282 climate-controlled and 40 non-climate drive-up units.
- Convenient access to Interstate 84, ensuring strong regional connectivity.
- Competitive landscape with high occupancy rates reported in nearby facilities.
Executive Summary
Coldwell Banker Commercial Realty presents a fully entitled self-storage development opportunity at 8 Turnberry Lane in Newtown, Connecticut. This project spans 2.59 acres and is designed to deliver 35,500 rentable square feet of storage space within a 44,000 GSF structure. The facility will feature 322 units, including 282 climate-controlled units and 40 non-climate drive-up units, offering a mix that caters to diverse tenant needs.
Located in Fairfield County, one of Connecticut’s most affluent regions, the property benefits from strong market fundamentals and significant unmet demand. The surrounding area has experienced over 12% population growth since 2000, with projections for continued growth. The market remains undersupplied, with only 5.64 net rentable square feet per person within a three-mile radius.
The site offers convenient access to Interstate 84, providing connectivity to New York City (60 miles northeast) and New Haven (18 miles northwest). Nearby neighborhoods such as Sandy Hook, Hawleyville, and Botsford contribute to a strong residential base and leasing demand. This development represents a compelling investment opportunity in a high-demand, underserved market with strong demographic support and favorable absorption trends.
Located in Fairfield County, one of Connecticut’s most affluent regions, the property benefits from strong market fundamentals and significant unmet demand. The surrounding area has experienced over 12% population growth since 2000, with projections for continued growth. The market remains undersupplied, with only 5.64 net rentable square feet per person within a three-mile radius.
The site offers convenient access to Interstate 84, providing connectivity to New York City (60 miles northeast) and New Haven (18 miles northwest). Nearby neighborhoods such as Sandy Hook, Hawleyville, and Botsford contribute to a strong residential base and leasing demand. This development represents a compelling investment opportunity in a high-demand, underserved market with strong demographic support and favorable absorption trends.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Self Storage |
| Property Type | Land | Total Lot Size | 2.59 AC |
| Zoning | M-4 - Manufacturing | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Self Storage |
| Total Lot Size | 2.59 AC |
| Zoning | M-4 - Manufacturing |
1 Lot Available
Lot
| Price | $1,333,488 CAD | Lot Size | 2.59 AC |
| Price Per AC | $514,860.21 CAD |
| Price | $1,333,488 CAD |
| Price Per AC | $514,860.21 CAD |
| Lot Size | 2.59 AC |
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