0 Crystal Lake Rd, Groton, CT

Land for Sale - $2,174,000 - 8.38 acres


Agent Info

Ronald E. Lyman
Lyman Real Estate

Property Info

CIMLS#1195612
Location
  0 Crystal Lake Rd
  Groton CT 06340
UpdatedAugust 21st, 2026
TypeLand
Price$2,174,000
Land8.38 acres

Property Description

0 Crystal Lake Road presents the opportunity to acquire a fully approved multifamily development site in Groton, Connecticut. The offering includes approvals for a 92-unit apartment community situated on an executable 8.38-acre development plan immediately adjacent to the Naval Submarine Base and within one of southeastern Connecticut's most significant defense and maritime employment corridors. The approved program consists of two residential buildings totaling 92 units, including a mix of studio and one-bedroom apartments, supported by an extensive amenity package and 99 parking spaces with EV-ready infrastructure.


Financials



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