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55 Reservoir Rd - Proposed Multi-family or Retail 40.55 Acres of Commercial Land Offered at $3,000,000 in Vernon, CT 06066

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EXECUTIVE SUMMARY

Proposed: Multi-family, Flex Space, Self-Storage, Last Mile Warehouse, or Retail Development 40.55 acres in Vernon’s Planned Development Zone. Great visibility with a traffic count of 74,000. On I-84 and 21,500 on Reservoir Rd. Public water and Sewer. Has an existing road through entire parcel!

PROPERTY FACTS

Price $3,000,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Schools
  • Single Family Development
Total Lot Size 40.55 AC
Zoning PDZ

1 LOT AVAILABLE

Lot

Price $3,000,000
Price Per AC $73,982.74
Lot Size 40.55 AC

DESCRIPTION

This property was previously under contract. The buyer had concerns about potential wetlands and vernal pools Ownership hired George T Logan, MS, PWS, CSE. George T Logan is a Certified Professional Wetland Scientist, Registered Soil Scientist, Specialist. His letter is attached with his findings from a nine-month study at this property that shows it does not have wetland/vernal pool issues that prohibit its development. Proposed Multi-family or Retail Development. Zone: PDZ - “Planned Development Zone - I-84, Exit 67 Area.” Acres: 40.55. Abuts Burger King. Public Water & Sewer. Visibility / Frontage on I-84. Traffic Count: 21,500 on Reservoir Rd. Traffic Count: 74,000 on I-84. Existing road through entire parcel

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
VERN-000046-000068-000061
Land Assessment
$170,390
Improvements Assessment
$0
Total Assessment
$170,390
  • Listing ID: 3967206

  • Date on Market: 3/25/2011

  • Last Updated:

  • Address: 55 Reservoir Rd, Vernon, CT 06066

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