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Avenue of Industry 24 Acres of Industrial Land Offered at $1,025,775 CAD in Waterbury, CT 06705
Investment Highlights
- Great Location
- 2 accress and egress points, city utilities right at the property, great entry at the end of the street.
- Beautiful land, gentle rolling and mostly level terrain, beautifully wooded and natural.
Executive Summary
Executive Summary
Prime ±24-acre industrial development site located in Waterbury, offering a rare opportunity to acquire a large, well-located parcel with infrastructure in place and strong development potential. Property is being offered as a land sale with recent feasibility work included, allowing developers to move forward efficiently or reimagine the site.
Property Highlights
±24 Acres Industrial Zoned Land
Conceptual plans for 8-building industrial condominium park
Buildings ranging from 5,000–10,000 SF
Ideal for industrial condos, flex space, warehousing, or light manufacturing
City water, sewer, and natural gas available
Strong potential for phased development
Family-owned for 15+ years
Location & Access
Immediate access to Interstate 84 & Route 8
Centrally located between New York and Boston markets
Excellent regional connectivity for logistics and distribution users
Market Overview
Waterbury is experiencing continued growth as a logistics and industrial hub, driven by its strategic location and improving economic landscape. The city has attracted significant investment, including a major distribution facility by Amazon, reinforcing strong demand for modern industrial space.
With limited supply of new industrial inventory in the region, this property presents a compelling opportunity to deliver high-demand product in a tightening market.
Development Notes
Recent 2024 feasibility study completed based on current zoning and utility layout
Portions of the site include previously delineated wetlands
Prior approvals obtained but expired
Wetlands will require re-flagging and resubmission
Preliminary discussions with local planning indicate no anticipated material changes
Offering Details
Offered as a “land deal” with conceptual plans and feasibility work included
Ownership open to selling outright or partnering with a developer
Opportunity to proceed with existing concept or pursue alternative development
Investment Opportunity
A rare chance to control a large-scale industrial site with infrastructure in place in a supply-constrained Connecticut market. Ideal for developers seeking to capitalize on the growing demand for industrial condo and flex space product.
Property Facts
| Price | $1,025,775 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 24.00 AC |
| Zoning | IP - Industrial | ||
| Price | $1,025,775 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 24.00 AC |
| Zoning | IP - Industrial |
1 Lot Available
Lot
| Price | $1,025,775 CAD | Lot Size | 24.00 AC |
| Price Per AC | $42,740.62 CAD |
| Price | $1,025,775 CAD |
| Price Per AC | $42,740.62 CAD |
| Lot Size | 24.00 AC |
24-acre prime property with feasibility-concept drawings in its present state as a "land-deal" only. All city utilities, level, wooded, 2 access points, family-owned for 15 years. Prefer to sell project but will develop with Pre-Sales(see MODELS)
Description
This is a family-owned 24-acre industrial property which has central gas, city sewers, and city water making a premier piece for development. The location is superb, great access and egress, within minutes to major highways (Rt 84, Rt. 8). There are some wetlands which were originally flagged and "approved" but the permit expired wetlands need to be reflagged and submitted. I personally met with the city planner, and he felt the wetlands should be no problem since it was previously approved and nothing to affect the subject has changed over the years. Our family extended the permit once already, but it expired. Industrial Development Opportunity – 24 Acres in Waterbury, CT Positioned in the heart of Connecticut’s evolving industrial corridor, this exceptional 24-acre parcel offers a rare opportunity to develop a modern industrial condominium business park in one of the state’s most strategically located cities. Why Waterbury? Waterbury is experiencing a resurgence as a logistics and manufacturing hub, driven by its central location, infrastructure, and pro-business momentum. The city provides immediate access to major highways including I-84 and Route 8, connecting businesses to New York, Boston, and the broader Northeast market. A key catalyst for this renewed growth is the recent high-profile investment by Amazon, which has chosen Waterbury for a major logistics facility. This development underscores the city’s growing appeal to national and global companies seeking efficient distribution and workforce accessibility. Property Highlights ±24 acres of industrially zoned land Ideal for industrial condo units, flex space, warehousing, or light manufacturing Strong potential for phased development Excellent regional connectivity for logistics and distribution Located within a market seeing increased demand and limited supply of modern industrial space Investment Potential With industrial vacancy rates tightening across Connecticut, this site presents a compelling opportunity to deliver scalable, high-demand industrial condo units tailored to small and mid-sized businesses. Waterbury’s affordability relative to surrounding markets, combined with increasing institutional interest, positions this project for long-term value creation.
Property Taxes
| Parcel Number | WATE-000333-000154-000005 | Improvements Assessment | $0 CAD |
| Land Assessment | $331,168 CAD | Total Assessment | $331,168 CAD |
Property Taxes
Presented by
Lanosa Realty
Avenue of Industry
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