Available For Sale - Land

93,218 SF | Show Pricing $

LISTED BY

Paul Scalzo Sr.
Scalzo Commercial & New Development,

AVAILABILITY DETAILS

Size
93,218 SF
Price/SF
Show Pricing $
Listing ID
SA537117
Notes
2.14 Acres for sale located in the fastest-growing part of Danbury.



Highly visible location at a major crossroads serving Rivington, Abbey Woods, Crown Point, and other ongoing residential developments.



The highest and best use is Convenience Retail.



The compact Trading area is bounded by I-84, Old Ridgebury, Woodland, and Saw Mill Roads.

Rivington contains about 2,000 condo and townhome units, with more on the way. Abbey Woods contains 470 apartments of 1-2-3 bedrooms, and Crown Point adds another 466 apartments of 1-2-3 bedrooms. The Summit contains 600,000 sq. ft. of office with hundreds of employees and the planned development of hundreds of new apartments and a Career Academy for hundreds of students.



This is a retailer’s dream! A relatively small, contained market with no convenience competition. Using a conservative rule of thumb of 2.5 residents per unit this translates to 7,340 current customers with more on the way. The current and future Summit people are not included here and can be considered a bonus population. Consider that this is about half the size of some of the towns in our region, but they all are serviced by many more retailers.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Paul Scalzo Sr., Scalzo Commercial & New Development