INVESTOR ALERT - Prime Commercial Land with wide array of zoning options including DRIVE THRU Positioned for exceptional visibility and access, this 1.66-acre parcel of prime commercial land sits just off Interstate 95, with 450+ feet of frontage along I-95 Exit 74 Northbound on-ramp and 300+ feet along King Arthur Drive. The site offers excellent utility infrastructure-including electric, telephone, cable, natural gas, municipal water and sewer-along with streetlights, hydrants, storm drainage, sidewalks and curbs already in place. The property provides ample space for parking and development flexibility, supported by a daily traffic count of 16,500 vehicles on Flanders Road. Surrounded by National and Regional commercial growth including Costco, Stop & Shop, Starbucks, Dollar General, and The Sound and Cove at Gateway Commons, reinforcing the area's strong economic momentum. Zoning regulations allow for a wide range of uses, including but not limited to, drive-thru operations, business offices, hotel, retail, personal care, childcare, private education, indoor recreation, veterinary clinic, car wash and more. Whether for investment or development, this high-exposure, well-suited parcel delivers an exceptional opportunity in a fast-growing commercial corridor.
| MLS # | 24144796 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract - Continue To Show |
| Days On Site | 291 |
| Listing Provided By | William Raveis Real Estate | Joe Wren |
| Zoning | CA Commercial |
|---|---|
| Acreage | 1.66 |
| Utilities Available | Cable Available, Electric Available, Gas Available, Phone Available |
|---|---|
| Sewage System | Public Sewer In Street |
| Tax Year | July 2025-June 2026 |
|---|---|
| Property Tax | 17113 |
| State | CT |
|---|---|
| County | New London |
| City | East Lyme |
| Zip Code | 06333 |
| Listing VS Median (in 06333) | |
Price: $899,000 low | high Med: $815,000 On site: 291 low | high Med: 42.5 | |
| State | CT |
|---|---|
| County | New London |
| City | East Lyme |
| Zip Code | 06333 |
| Listing VS Median (in 06333) | |
Price: $899,000 low | high Med: $815,000 On site: 291 low | high Med: 42.5 | |