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327-499 Hazelnut Hill Rd 168.28 Acres of Commercial Land Offered at $5,500,000 in Groton, CT 06340

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INVESTMENT HIGHLIGHTS

  • Immediate access to Interstate 95 and Route 1 for regional connectivity.
  • Located in a high-demand industrial corridor with 0.4% vacancy rate.
  • One of the largest remaining contiguous land holdings in Groton.
  • Positioned near Electric Boat, Pfizer, and Naval Submarine Base.
  • Flexible zoning supports industrial, R&D, and advanced manufacturing uses.

EXECUTIVE SUMMARY

This is a rare opportunity to acquire approximately 168.28 contiguous acres of raw land within Groton’s Industrial Moderate (IM) zone. The property, held by 327–449
Hazelnut LLC, consists of multiple parcels with substantial frontage along both Hazelnut Hill Road and Flanders Road, offering strategic access to Interstate 95,
Route 1, and the greater Southeastern Connecticut economy. The site is located minutes from Electric Boat, one of the region’s largest employers and a national defense contractor, as well as other regional anchors including Pfizer and UCONN-Avery Point. Although a previous data center proposal was declined by the town, the land remains well-positioned for advanced manufacturing, flex-industrial campuses, R&D, or recreational infrastructure.

ATTACHMENTS

Land OM

PROPERTY FACTS

Price $5,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Distribution
  • Office Park
  • Specialty, Festival or Entertainment
  • Truck Terminal
  • Utility Substation
  • Warehouse
Total Lot Size 168.28 AC
Zoning IM - The property is located in Groton’s IM (Industrial Moderate) zoning district, which permits a broad range of light industrial, manufacturing, office,

1 LOT AVAILABLE

Lot

Price $5,500,000
Price Per AC $32,683.62
Lot Size 168.28 AC

±168.28 acres in Groton’s IM zone with significant frontage on Hazelnut Hill & Flanders Rd. Ideal for industrial, R&D, or recreational use. Minutes from I-95, Electric Boat, and Pfizer. Public water/sewer nearby. Rare large-scale development site.

DESCRIPTION

Introducing an exceptional ±168.28-acre industrial development opportunity in the Town of Groton, Connecticut. This expansive assemblage, consisting of nine contiguous parcels held under a single LLC, offers a rare chance to acquire one of the region’s largest undeveloped tracts in the Industrial Moderate (IM) zone. With significant frontage along both Flanders Road (±450 feet) and Hazelnut Hill Road (±100 feet), the property is well-positioned for a wide range of commercial and industrial uses. Its strategic location provides immediate access to I-95, Route 1, and proximity to major employers including Electric Boat (General Dynamics), Pfizer, and UConn’s Avery Point campus, making it highly attractive for companies looking to scale operations or enter the Southeastern Connecticut market. The site’s zoning permits a flexible mix of by-right and special permit uses including warehousing, light manufacturing, research and development, office, data processing, and limited commercial recreation. Notably, the IM zone supports building heights up to 75 feet, 50% maximum lot coverage, and up to 75% impervious surface area, offering generous development potential. Key dimensional standards include a 50-foot front setback, 20-foot side setbacks, and a 30-foot rear setback. Permitted uses range from manufacturing and R&D to professional offices, while special permit uses include outdoor commercial recreation, trucking terminals, and utilities. The terrain consists of rolling topography with wooded areas, natural drainage corridors, and elevated portions offering ideal buildable zones. The site is traversed by wetland areas primarily located in the northern and interior sections; however, substantial upland sections remain developable with proper setback compliance. An updated wetlands map and topographic analysis are available and have been incorporated into development planning scenarios. No A2 survey, geotechnical testing, or Phase I environmental studies have been completed, and buyers are encouraged to conduct their own due diligence. Public utilities are available along Flanders Road, including public water and sewer provided by Groton Utilities. However, these utilities have not been extended into the interior of the site and will require developer coordination for main extensions and service approvals. Overhead electric and telecom infrastructure is assumed to be present along the road frontages, and natural gas is not confirmed to be available in this section of Groton. Internal access will require new roadway or driveway construction to meet fire code and subdivision requirements. Several potential development concepts are viable given the zoning, size, and strategic location of the site. These include a multi-building industrial or flex campus for advanced manufacturing or logistics; a research and innovation park geared toward defense, biotech, or marine sciences; or a large-scale indoor and outdoor recreation complex featuring turf fields, seasonal ballparks, or a fieldhouse. Logistics and warehousing users may take advantage of the site's proximity to I-95, Groton–New London Airport, and regional shipping corridors. Developers may also explore the feasibility of phased build-outs with shared infrastructure to maximize land efficiency. Importantly, while the property does not currently sit within a formal Tax Increment Financing (TIF) district, it may qualify for project-specific TIF incentives through Groton’s Office of Planning & Development Services. Interested buyers are encouraged to initiate conversations with the town’s Economic Development team to explore customized support for large-scale projects. Located in Southeastern Connecticut’s growing industrial and defense corridor, this property is just minutes from Electric Boat’s submarine shipyard, Pfizer’s global research campus, and UConn Avery Point. It is within 10 minutes of downtown Mystic, the Groton–New London Airport, and rail access at New London Station, offering convenience for logistics and workforce access. The assemblage benefits from strong transportation linkages to Providence, Boston, and New York, and sits in a municipality known for business-friendly planning support and infrastructure investment. This is a rare opportunity to acquire a significant land holding with flexible zoning, utility access, and adjacency to major regional anchors. With ±168.28 acres under common ownership, the property is ideally suited for institutional developers, corporate end-users, or visionaries seeking a strategic development site in one of Connecticut’s most dynamic coastal municipalities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • GROT-002609-001721-002299
  • GROT M:260917119526
  • GROT-002609-001821-006415
  • GROT-002609-001303-003111
  • 260918310193
  • 260918312444
  • GROT-002609-001422-008751
  • GROT-002609-001312-005911
Land Assessment
$1,188,880
Improvements Assessment
$0
Total Assessment
$1,188,880
  • Listing ID: 38778631

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 327-499 Hazelnut Hill Rd, Groton, CT 06340

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