140 Preston Road

Griswold, CT 06351

$1,300,000
Price
217,364 / 4.99
Lot Size / Acres

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.
  1. Listed by Dave Thomas • William Pitt Sotheby's Int'l
    P: (860)-367-1452 C: (860)-367-1452 dthomas@wpsir.com
  2. Listed by Charlotte Geer • William Pitt Sotheby's Int'l
    P: (860)-536-5900 C: (860)-884-0936 Cgeer@wpsir.com

Property Details for 140 Preston Road

Direct Waterfront
No
Location
Highway Access
LISTING UPDATED: 09/26/2024 08:01 PM

Property Details for 140 Preston Road

StatusActive
MLS #24049680
Days on Market40
Taxes$5,434 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial Land
Year Built-
Lot Size4.99 AC
CountyNew London County

Building Information for 140 Preston Road

Lot Size4.99 AC

Property Information for 140 Preston Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Latitude: 41.588869
  • Longitude: -71.975096
  • Neighborhood Amenities: Golf Course, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Tax Year: July 2024-June 2025
  • Property Tax: $5,434
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Property
Property and Assessments
  • Road Frontage Approximate: 334
  • Road Frontage Description: State Road
  • SubdividableU: Yes
  • Bank Owned Property: No
Lot Information
  • Documents Available: Legal Description, Plot Plan/Survey
  • Lot Description: Level Lot, Cleared, Open Lot
  • Lot Improvements: Finish Graded
  • Parcel Number: 1479324
  • Sq Ft Total: 0.0
  • Zoning: C-1
Utilities
  • Sewage System: Public Sewer In Street
  • Utilities Available: Electric Available
  • Water Source: Public Water In Street
Multi Family
Income and Expenses
  • Occupied By: Vacant
Building Details
  • Lots Number Of: 1

Property History for 140 Preston Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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140 Preston Road is a 4.99 ac of land for sale in Griswold, CT 06351. This property was listed for sale on September 26, 2024 by William Pitt Sotheby's Int'l, it's currently listed at $1,300,000. It has been on the market for a total of 40 days and was last sold on August 4, 2020. This listing's school district is Griswold School District. Nearby schools include Griswold Elementary School, Griswold Middle School and Griswold High School. 140 Preston Road is a 0-bed, 0-bath, 4.99 ac of land on a 217,364 sq. ft. / 4.99 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Pitt Sotheby's Int'l, Dave Thomas; William Pitt Sotheby's Int'l, Charlotte Geer

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.