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60-70 Connecticut Ave - New Price!! $2,990,000 17.14 Acres of Industrial Land Offered at $2,990,000 in Norwich, CT 06360
INVESTMENT HIGHLIGHTS
- Right to generate power on-site, 600 P.S.I. natural gas line
- Additional 25 MW available at less than $0.1512 /kWh from Norwich Public Utilities
- Can build up to 7 stories with a 200,000 SF footprint
EXECUTIVE SUMMARY
Prime development opportunity on 17.16+ acres in Norwich Industrial Park, ideally suited for an AI data center, grow facility, or other large-scale power user. This site offers robust infrastructure, significant tax incentives, and a strategic location for high-demand industries.
Electricity & Power:
On-Site Power Generation: Permitted by right.
Additional Utility Power: 25 MW available from Norwich Public Utilities (NPU) post-substation upgrade.
Competitive NPU rate: less than $0.1519/kWh, lower than the lowest existing commercial rates.
Tax & Business Incentives:
Payment in Lieu of Taxes (PILOT): Available for discussion.
Electric Economic Development Rate Reduction:
Year 1: $0.027/kWh
Year 2: $0.018/kWh
Year 3: $0.009/kWh
Site & Infrastructure:
Land: 17.16+ acres in Norwich Business Park.
Build Potential: Up to 400,000 SF across two floors (200,000 SF footprint, 30+ ft per floor, 60+ ft total height).
Natural Gas: 600 PSI Algonquin gas line on-site.
Connectivity: 1+ TB dark fiber from Crown Castle, Lumen, and Lightpath.
Water: 12-inch waterline for cooling or on-site hydrogen generation.
Sewer: 8'' Municipal sewer available in the road.
For more information on site infrastructure refer to the A-2 survey in the attached brochure.
Location:
98 miles from Boston, MA
130 miles from New York City, NY
48 miles from Providence, RI
35 miles from Hartford, CT
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,990,000 | Lot Size | 17.14 AC |
| Price Per AC | $174,445.74 |
| Price | $2,990,000 |
| Price Per AC | $174,445.74 |
| Lot Size | 17.14 AC |
Prime 17+ acre site in Norwich Industrial Park. Build up to 400,000 SF, 60+ ft height. 25 MW power (less than $0.1519/kWh) from NPU, on-site generation, 600 P.S.I. gas, 1+ TB fiber, sewers, 12-in water. Ideal for AI data center or large power user.
DESCRIPTION
Overview: Prime development opportunity on 17.16+ acres in Norwich Industrial Park, ideally suited for an AI data center, grow facility, or other large-scale power user. This site offers robust infrastructure, significant tax incentives, and a strategic location for high-demand industries. Electricity & Power: On-Site Power Generation: Permitted by right, ideal for fuel cells or solar installations (5+ MW capacity). Utility Power: 25 MW available from Norwich Public Utilities (NPU) post-substation upgrade. Additional power beyond 25 MW requires an ISO study. Competitive NPU rate: less than $0.1519/kWh, lower than the lowest existing commercial rates. Tax & Business Incentives: Payment in Lieu of Taxes (PILOT): Available for discussion. Electric Economic Development Rate Reduction: Year 1: $0.027/kWh Year 2: $0.018/kWh Year 3: $0.009/kWh Site & Infrastructure: Land: 17.16+ acres in Norwich Business Park. Build Potential: Up to 400,000 SF across two floors (200,000 SF footprint, 30+ ft per floor, 60+ ft total height). Natural Gas: 600 PSI Algonquin gas line on-site. Connectivity: 1+ TB dark fiber from Crown Castle, Lumen, and Lightpath. Water: 12-inch waterline for cooling or on-site hydrogen generation. Sewer: 8'' Municipal sewer available in the road. For more information on site infrastructure refer to the A-2 survey in the attached brochure / images above. Location: 1.5 hours from Boston, MA 2.5 hours from New York City, NY 50 minutes from Providence, RI 35 minutes from Hartford, CT
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60-70 Connecticut Ave - New Price!! $2,990,000
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