Excellent residential development opportunity in the heart of Groton. This 5.735-acre parcel of undeveloped residential land previously had approvals for a 15-lot subdivision. Possibility for "Cottage Community" or Duplex lots see attached guidelines. Prior subdivision plans are available for review (see attached) Offering a solid starting point for redevelopment potential. Town water and sewer are available at the site (see attached utility map). The land has already been cleared, making it easy to walk and evaluate. Although prior approvals have expired, initial feedback from the Town of Groton suggests the cottage community concept could likely be submitted under current zoning regulations. Attached all documents no other details. Subdivision plans, and zoning information, are available (see attached) for review. Also, there is a possibility for one or two duplex lots as well under the zone without developing the road. Strong location, infrastructure nearby, and prior planning work completed make this a compelling opportunity for builders or investors looking for their next residential project. Buyers should perform their own due diligence. Please contact agent before walking on the property.
Commission structure not available, using default of 2.5%
Make OfferDan Contino, eXp Realty
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.