$375,000

About This Property

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.