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140 Waterford Parkway South - Former Waterford Airport

328 Acres of Commercial Land Offered at £6,259,600 in Waterford, CT 06385

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Executive Summary

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).

140 Waterford Parkway S_merged -_

Property Facts

Price	£6,259,600	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Mixed Use
No. Lots	1	Total Lot Size	328.00 AC
Property Type	Land

Price	£6,259,600
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Mixed Use
Total Lot Size	328.00 AC

1 Lot Available

Lot 1

Price	£6,259,600	Lot Size	328.00 AC
Price Per AC	£19,084

Price	£6,259,600
Price Per AC	£19,084
Lot Size	328.00 AC

The former Waterford Airport on 189 acres in the IP-1 zone and four additional lots on 139 acre in the R-40 zone are being offered as a master development of mixed uses for commercial, industrial, recreational and residential.

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PROPERTY TAXES

Parcel Numbers	Multiple WATE-000111-000000-009514 WATE-000111-000000-004380	Improvements Assessment	£0
Land Assessment	£1,032,192	Total Assessment	£1,032,192

PROPERTY TAXES

Parcel Numbers

Multiple

WATE-000111-000000-009514
WATE-000111-000000-004380

Land Assessment

£1,032,192

Improvements Assessment

£0

Total Assessment

£1,032,192

zoning

Zoning Code	IP-1 & R-40
IP-1 & R-40

Listing ID: 25472097
Date on Market: 14/04/2022
Last Updated:
Address: 140 Waterford Parkway South, Waterford, CT 06385

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140 Waterford Parkway South, Waterford, CT for sale Building Photo- Image 1 of 2 — New Map 2022 - Copy

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