140 Waterford Parkway South

Waterford, CT 06385

$8,000,000
Price
14,287,680 / 328
Lot Size / Acres

Description

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 used 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, General Dynamics, Pfizer and the Coast Guard and Navy facilities are just minutes away in...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 used 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, General Dynamics, 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 of exit 81 Cross Road (north and south).
  1. Listed by Penny Parker • Lyman Real Estate
    P: (860) 575-1855 C: (860) 575-1855 pennyp@lymanre.com

Property Details for 140 Waterford Parkway South

Direct Waterfront
Yes
Location
Highway Access
Neighborhood
N/A

Location

Listing Courtesy of Lyman Real Estate, Penny Parker
Add your commute
LISTING UPDATED: 02/27/2024 07:15 AM

Property Details for 140 Waterford Parkway South

StatusActive
MLS #170597487
Days on Market255
Taxes$27,582 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial Land
Year Built-
Lot Size328.00 AC
CountyNew London County

Location

Listing Courtesy of Lyman Real Estate, Penny Parker
Add your commute

Building Information for 140 Waterford Parkway South

Lot Size328.00 AC

Payment Calculator

$45,958 per month

30 year fixed, 7.25% Interest

Principal and Interest

$43,659

Property Taxes

$2,299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Waterford Parkway South

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: I-95 to Cross Rd. Exit 81, to Waterford Pkwy South. Property at end of Waterford Pkwy South. See signs.
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.367759
  • Longitude: -72.147239
  • Neighborhood Amenities: Medical Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $27,582
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Brook
Property
Property and Assessments
  • New Construction Type: No/Resale
  • Road Frontage Approximate: 572
  • Road Frontage Description: Interstate Highway, State Road, Paved Road
  • Bank Owned Property: No
Lot Information
  • Documents Available: Demographic Data, Environmental Site Assess., Environment Site Assess. (Phase 1), Legal Description, Percolation Test, Topographical Survey, Other
  • Lot Description: Rear Lot, Interior Lot, Some Wetlands, Lightly Wooded, Rolling, Sloping Lot
  • Lot Improvements: None
  • Parcel Number: 1591334
  • Zoning: IP-1 & R-40
Utilities
  • Septic Approval YN: No
  • Septic Plan Available YN: No
  • Sewage System: Public Sewer In Street
  • Utilities Available: Electric Available, Gas Available, Phone Available, Cable Available
  • Water Source: Public Water In Street
Multi Family
Building Details
  • Lots Number Of: 5

Public Records for 140 Waterford Parkway South

Taxable ValueLand$1,301,030Additions-Total$1,301,030
Tax Record2023$27,582 ($2,298 / month)
Home Facts
Lot Size8,224,564 SqFtStyleVines and Bush FruitsZoningIP-1CountyNEW LONDONAPNWFRD M:111 L:9514

Schools near 140 Waterford Parkway South

This home is within Waterford School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Oswegatchie Elementary School
PublicK to 5

Clark Lane Middle School
Public6 to 8

Waterford High School
Public9 to 12

Southwest Elementary School
PublicK to 5

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 Waterford Parkway South is a 328 ac of land for sale in Waterford, CT 06385. This property was listed for sale on September 7, 2023 by Lyman Real Estate, it's currently listed at $8,000,000. This listing's school district is Waterford School District. Nearby schools include Oswegatchie Elementary School, Clark Lane Middle School and Waterford High School. 140 Waterford Parkway South is a 0-bed, 0-bath, 328 ac of land on a 14,287,680 sq. ft. / 328 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. 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 Lyman Real Estate, Penny Parker

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.