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231 Gungywamp Rd
Groton, CT 06340
13.4 Acres – Development Site in High-Demand · Land For Sale · 13.44 AC

INVESTMENT HIGHLIGHTS

  • Shovel-ready development opportunity 13.44 acres with paved parking and utilities Proposed 288-unit multifamily development Amenities planned: well

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Hold For Development
Total Lot Size 13.44 AC
Zoning RU-20 - Large scale forestry resource, agricultural uses, and larger rural residential lots. Potential for rezoning or special permit for multifamily housing

DESCRIPTION

13.44-acre most cleared, level lot with paved parking, utilities on site, and frontage on Gungywamp Road. Ideal for a multifamily housing project with lifestyle amenities. Strategic location close to Electric Boat, Pfizer, and the Groton-New London Airport. Easy access to I-95. Area experiencing strong residential demand.

  • Listing ID: 34785424

  • Date on Market: 2/11/2025

  • Last Updated:

  • Address: 231 Gungywamp Rd, Groton, CT 06340

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