$420,000

Under Contract - Continue to Show

Est. Mortgage $1,988/mo *

Quick Pre-Approval

Listing courtesy of Rick Nassiff (860) 208-1354, KW Legacy Partners (860) 313-0700


89 Canterbury Turnpike, Norwich, CT, 06360

89 Canterbury Turnpike, Norwich, CT, 06360

0 sqft

Presenting a prime 25.27-acre parcel currently undergoing the final stages of a 12-lot subdivision process. This exceptional offering provides significant potential for developers and investors, featuring a fully surveyed property with completed soil testing and engineering nearing completion. Key Features: * 12 Potential Lots: The proposed subdivision is anticipated to yield 12 individual parcels, ranging in size from 0.92 to 3.21 acres each. * Engineering Near Completion: The necessary engineering and permitting work are substantially finished, streamlining the path to final approval and development. * Fully Prepared: The land has been fully surveyed and extensive soil testing completed, de-risking the development process. Road Frontage: The property boasts significant road frontage on both Canterbury Turnpike (1350 ft +/-) and Beebe Road (400 ft +/-) off Harland Road. * Zoning: Located within an R40 zoning district. * Value Proposition: Offered as a complete package, representing a substantial discount compared to the projected total market value of the individual finished lots. This is a unique, ready-to-develop opportunity to acquire a fully prepared subdivision project at an attractive package price. All engineering work will be transferred to the buyer. Full subdivision and engineering plans available.


Status:

Under Contract - Continue to Show

Type:

Lot / Acreage

Zoning:

R40

Frontage:

Municipal Street,Private Road

Acreage:

25.27

Est. Taxes:

$240

Assessment

$6,900

Utilities

Cable Available,Electric Available

Lot Description:

Treed

Elementary School:

Per Board of Ed

High School:

Norwich Free Academy

Days on Market:

151

MLS #:

24137389


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School Info

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