140 Preston Road
$1,300,000
217,364 / 4.99
Description
Seize the opportunity to develop on this prime 4.99-acre commercial parcel prominently positioned on Route 164. With a high traffic count, this property stands as a main corridor to the renowned Foxwoods Casino, ensuring maximum visibility for your business venture. This level lot is at finished grade, offering a clean slate for construction and design. Public water and sewer at road, simplifying the development process and saving valuable time and resources. The accessibility and convenience of...Seize the opportunity to develop on this prime 4.99-acre commercial parcel prominently positioned on Route 164. With a high traffic count, this property stands as a main corridor to the renowned Foxwoods Casino, ensuring maximum visibility for your business venture. This level lot is at finished grade, offering a clean slate for construction and design. Public water and sewer at road, simplifying the development process and saving valuable time and resources. The accessibility and convenience of these utilities make it an even more attractive location for a wide range of commercial uses. Envision your restaurant, with ample space for both indoor dining and outdoor patios, capitalizing on the traffic heading to and from Foxwoods Casino. Or perhaps a retail business that benefits from the steady stream of potential customers passing by. The site is also perfectly suited for a medical facility, where accessibility is key for patients and healthcare providers alike. The possibilities are endless with this versatile property. It's ideal location offers a unique opportunity for a savvy investor or entrepreneur looking to establish or expand their presence in a bustling commercial hub. Don't miss out on the chance to develop in one of the area's most sought-after locations, where business thrives and opportunities abound.
- Listed by Dave Thomas • William Pitt Sotheby's Int'lP: (860)-367-1452 C: (860)-367-1452 dthomas@wpsir.com
- Listed by Charlotte Geer • William Pitt Sotheby's Int'lP: (860)-536-5900 C: (860)-884-0936 Cgeer@wpsir.com
Property Details for 140 Preston Road
Direct Waterfront
No
LocationHighway Access
LISTING UPDATED: 09/26/2024 08:01 PM
Property Details for 140 Preston Road
Status | Active |
---|---|
MLS # | 24049680 |
Days on Market | 40 |
Taxes | $5,434 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Commercial Land |
Year Built | - |
Lot Size | 4.99 AC |
County | New London County |
Building Information for 140 Preston Road
Lot Size4.99 AC
Property Information for 140 Preston Road
Property History for 140 Preston Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 140 Preston Road
Taxable ValueLand$204,750Additions-Total$204,750
Tax Record2024$5,434 ($453 / month)
Home Facts
Lot Size217,364 SqFtStyleCommercialZoningC-1CountyNEW LONDONAPNGRIS M:45 B:95 L:22
Schools near 140 Preston Road
This home is within Griswold School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Griswold Elementary School PublicPK to 4 | ||
Griswold Middle School Public5 to 8 | ||
Griswold High School Public9 to 12 | ||
Griswold Alternative School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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