Property Listing No Longer Available for Sale

140 Waterford Parkway South

Waterford, CT

Land for Sale - $6,750,000 - 188.81 acres


Property Info

CIMLS#1062570
Location
  140 Waterford Parkway South
  Waterford CT 06385
UpdatedJanuary 28th, 2022
TypeLand
Price$6,750,000
Land188.81 acres

Property Description

Former Waterford Airport. 188+ acres off of Waterford Parkway South. Visible from I-95.

A timely opportunity to create a development in the southeastern shore region of Connecticut which is currently experiencing a rapid growth of employees for Electric Boat. The former Waterford Airport property lot of 189 acres adjacent to I-95 is minutes from the EB facilities and an ideal site for a variety of uses currently allowed as well as additional uses that will be considered by the town of Waterford. The town is open to an integrated set of uses for development that are compatible. The airport property is in the IP-1 zone that has been, until recently, emphasizing development that is considered industrial use oriented as well as medical uses. Based on the region's need for residential multifamily and single family homes, this site could potentially be a mixed use development of multiple types of housing and complimentary amenities as preferred by the town.


Financials



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