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741 Echo Lake Rd 17.29 Acres of Residential Land Offered at $4,330,000 in Watertown, CT 06795
INVESTMENT HIGHLIGHTS
- R-30 Zone - Residential Office Transitions Overlay Zone
- Lot 1 Site Plan Approved - 21 Townhouse Units
- Density Allowed - 8 Units Per Acre
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
- Market Information
- Third Party Reports
- Miscellaneous
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,330,000 | Lot Size | 17.29 AC |
| Price Per AC | $250,433.78 |
| Price | $4,330,000 |
| Price Per AC | $250,433.78 |
| Lot Size | 17.29 AC |
DESCRIPTION
Size & Zoning: 17.29 Acres - R-30 Zone + RT Transition Zone Overlay Unit Density: 8 units Per Acre Infrastructure: Public Water - Public Sewer - High Speed Internet - Schools Site Access: Corner of Echo Lake Road & Buckingham Street [ Ct Rte 262] Market Opportunity: Limited Multifamily Development / Together with Statewide Demand Assisted Living Facility Site Plan Approval for Phase I - 21 Units - Per Site Plan Owner to Procure Site Plan Approval for Multifamily Dwelling in Accordance with Zone Regulations as a Condition of Sale Highway Access: Site is situated approximately 1.5 mile to Ct Rte 8 Public Transportation - Ct Transit - Bus Route Average Daily Traffic - Echo Lake Rd= 5600 Intersection Echo Lake & Rte 262 = 9500
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741 Echo Lake Rd
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