672 Roode Rd, Griswold, CT

$1,272,000

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167.03

Acres

About 672 Roode Rd

Located near I-395 in Griswold, this property, with a rich history, offers a fantastic opportunity. In 2008, the owner received approval for 58 building lots, of which five were sold, leaving 53 lots for future development. During an economic downturn, the owner enrolled the land in Public Act 490 for tax relief, halting development temporarily. Now, 30 acres are used for corn cultivation, with the harvest due by fall. The rising housing market and constant zoning regulations make this property an attractive investment. It can accommodate residential, agricultural, recreational, and community-oriented purposes, with potential uses varying from single and two-family homes to commercial farming and public service facilities. This range of options appeals to various investors, underlining the need for potential buyers to evaluate their plans.

Features of 672 Roode Rd

MLS® # 170570877
Price $1,272,000
Bathrooms 0.00
Acres 167.03
Type Lots AND Vacant Land
Sub-Type Other
Status Active

Community Information

Address 672 Roode Rd
Area Hopeville
City Griswold
County New London
State CT
Zip Code 06351

Amenities

Utilities Electric Available
Is Waterfront No
Waterfront Pond
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Additional Land Available, Approved Subdivision, Cleared, Farm Land, Possible Subdivide

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed May 23rd, 2023
Days on Market 10
Zoning R-80
RE / Bank Owned No

Listing Details

OfficeSeaport Real Estate Services

Listing Map

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