$8,000,000 - Virtual Tour

$8,000,000 140 Waterford Parkway South Waterford, CT

MLS: 170478334   Type: Land   County: New London   City: Waterford   Zip: 06385   Style: Commercial Land     Stories: 1   Taxes: $27,790

Mortgage $37,559 /mo



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The former Waterford Airport consisting of 189 acres in the IP-1 zone and 4 separate lots totaling 139 acres in the R-40 zone are offered as a master development opportunity to create a mixed use environment on the 328 acres. With 600 feet of frontage on I-95, the site is directly across from a major retail destination that includes Lowes, Walmart Supercenter as well as other major national retailers. EB, Pfizer and the Coast Guard and Navy facilities are just minutes away in New London and Groton. The 328 acres are suitable for commercial, industrial, recreational and residential uses, with the town of Waterford open to an integrated set of uses that are compatible with those allowed by right as well as those allowed by special permit. Property is accessed from Waterford Parkway South which runs parallel to I-95 off exit 81 Cross Road (north and south). 189 ACRES IN THE IP-1 ZONE OFFERED SEPARATELY - $6,750,000. 139 ACRES IN THE IN THE R-40 ZONE OFFERED SEPARATELY- $2,500,000.

Elementary School

Middle School

High School

Per Board Of Ed
Distance: N/A Miles
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Distance: N/A Miles
Per Board Of Ed
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Price History

4/1/2022 Listed $8,000,000

Acres 328.0000
Elementary School Per Board of Ed
High School Per Board of Ed
Location Highway Access, Suburban, Industrial Park, Shopping Mall, Strip Mall
Nearby Amenities Medical Facilities, Shopping/Mall
Neighborhood N/A
Property Type Lots and Land For Sale
Status Active
Sub Type Commercial Land
Tax Year July 2022-June 2023
Utilities Available Electric Available, Gas Available, Phone Available, Cable Available
Virtual Tour https://app.immoviewer.com/landing/unbranded/6247653fda78cd51139512a8
Virtual Tour Yn Yes
Waterfront Description Brook
Zoning IP-1 & R-40

Exterior Features

Direct Waterfront Yn No
Lot Description Rear Lot, Open Lot, Additional Land Avail., Some Wetlands
Lot Improvements None
Lots Number Of 5
Road Frontage Approximate 572
Road Frontage Description Interstate Highway, State Road, Paved Road
Sewage System Public Sewer In Street
Water Source Public Water In Street

Property Schools

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Property vs Zip Code Avg (06385)

Price 8.00M Avg 637K

Taxes $27,790 Avg $9,006

Acres 328 Avg 22.68

Visits 141 Avg 21

Days on Site 137 Avg 188

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Listed By: Penny Parker with Lyman Real Estate

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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA