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28 Pepper St - RT-25 Redevelopment Opportunity 3.26 Acres of Commercial Land Offered at $899,000 in Monroe, CT 06468
Executive Summary
Redevelopment Opportunity in Monroe, 3.26 acre property has frontage on both RT-25 and Pepper Street. Currently there is a 1,841 sf residential dwelling on it, with flexible B1 zoning the future of this parcel presents a great opportunity for redevelopment.
Property Facts
| Price | $899,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.26 AC |
| Zoning | B1 - Business | ||
| Price | $899,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.26 AC |
| Zoning | B1 - Business |
1 Lot Available
Lot
| Price | $899,000 | Lot Size | 3.26 AC |
| Price Per AC | $275,766.87 |
| Price | $899,000 |
| Price Per AC | $275,766.87 |
| Lot Size | 3.26 AC |
Description
- Redevelopment opportunity: Property offers a high-visibility corridor, ideal for developers and investors looking to make their mark - Lot size: 3.26 acres, combined/oversized parcel with frontage on multiple roads - Frontage: ±300' (ft.) of frontage on RT-25/Main Street and ±260' (ft.) of frontage on Pepper Street - Traffic: 19,400+/- AADT (average annual daily traffic) on RT25 — strong visibility and exposure - Zoning: Flexible B1, supporting mixed-use, retail, or other high-impact redevelopment - Surrounding area: Established retail, dining, and daily-traffic destinations nearby
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | MONR-000046-000046 | Improvements Assessment | $192,500 |
| Land Assessment | $275,170 | Total Assessment | $467,670 |
Property Taxes
Parcel Number
MONR-000046-000046
Land Assessment
$275,170
Improvements Assessment
$192,500
Total Assessment
$467,670
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28 Pepper St - RT-25 Redevelopment Opportunity