15
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$420,000
Est. payment /mo
25.27 Acres Lot
Active
89 Canterbury Turnpike Norwich, CT 06360
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Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24137389
Annual Tax Amount $240
Lot Size 25.270 Acres
Property Sub-Type Residential Land
Property Description
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.
Location
State CT
County New London
Zoning R40
Exterior
Utilities Available Cable Available, Electric Available
Waterfront Description Not Applicable
Building
Lot Description Treed
Sewer Septic Required
Water Public Water In Street
Schools
Elementary Schools Per Board Of Ed
High Schools Norwich Free Academy
Listed by Rick Nassiff • KW Legacy Partners
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