140 Waterford Parkway South Waterford, CT $ 8,000,000
140 Waterford Parkway South
$ 8,000,000
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140 Waterford Parkway South

Waterford, CT, 06385
$ 8,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 49,910

140 Waterford Parkway South, Waterford, CT 06385 - Image 1

Commercial Property for sale in Waterford, CT

for $8,000,000. This building was built in 2024 on a lot size of 328.

The former Waterford Airport consisting of 189 acres in the IP-1 zone and 4 separate lots totaling 139 acres in the R-40 zone are offered as a master development opportunity to create a mixed use environment on the 328 acres. With 600 feet of frontage on I-95, the site is directly across from a major retail destination that includes Lowes, Walmart Supercenter as well as other major national retailers. EB, Pfizer and the Coast Guard and Navy facilities are just minutes away in New London and Groton. The 328 acres are suitable for commercial, industrial, recreational and residential uses, with the town of Waterford open to an integrated set of uses that are compatible with those allowed by right as well as those allowed by special permit. Property is accessed from Waterford Parkway South which runs parallel to I-95 off exit 81 Cross Road (north and south).

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Commercial Contingent

Price

$ 8,000,000

Property Type

Commercial

Taxes

$ 30,392

Style

Lot Size

328

Year Built

2024

Town/City

Waterford

MLS | Web ID

170597352

Features
General
Zoning IP-1 & R-40
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Location Highway Access Suburban Industrial Park Shopping Mall Strip Mall
Property Type Commercial For Sale
Status Under Contract - Continue to Show
Acres 328
Directions I-95 to Cross Rd. exit 81 to Waterford Parkway South. Property at end of Waterford Parkway South. See signs.
City Waterford
Sq Ft Total 0
DOM 815
Year Built 2024
Present Use Vacant Land
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Interior
Utilities Available Electric Available Gas Available Phone Available Cable Available
Cooling System None
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Exterior
Water Source Public Water In Street
Lot Description Additional Land Avail. Some Wetlands
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* Excluded Features
List By
Penny Parker

Listing Agent

Lyman Real Estate

Broker

pennyp@lymanre.com

Email

Affordability Calculator

$52,442
Per Month
95%
5%
0%
Monthly Principal & Interest
$49,910
Monthly Property Taxes
$2,533
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$8,000,000 Listed Price

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140 Waterford Parkway South, Waterford, CT, 06385 is a Commercial Property for sale at $8,000,000 with a lot size of 328. 140 Waterford Parkway South was built in 2024. The property's zip code is 06385 which is in Waterford, CT