55 Reservoir Rd - Proposed Multi-family or Retail 40.55 Acres of Commercial Land Offered at $3,000,000 in Vernon, CT 06066
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
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
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PROPERTY TAXES
| Parcel Number | VERN-000046-000068-000061 | Improvements Assessment | $0 (2024) |
| Land Assessment | $170,390 (2024) | Total Assessment | $170,390 (2024) |
