Lot 35 on 33 Murphy Road, Franklin, CT, 06254

Lot 35 on 33 Murphy Road Franklin, CT 06254

Lot 35 on 33 Murphy Road, Franklin, CT, 06254
Lot 35 on 33 Murphy Road, Franklin, CT, 06254
FOR SALE
Property Type:
Commercial Land Development
Amount:
$235,000
Last Verified:
Feb 20, 2019

Highlights

  • 5.88 Acres of Approved Commercial Development
  • 22,000 SF of Commercial Flex Space Approved
  • Easy Access to Routes 2,32,87, I-395
  • Investment Development Opportunity
  • Adjacent Parcel also Available

Description

5.88 Acres of Approved Commercial Development on 22,000 SF of Approved Commercial Flex Space. Easy Access to Routes 2, 32, 87, and I-395. Investment Development Opportunity with Adjacent Parcel Also Available.

5.88 Acres of Approved Commercial Development on 22,000 SF of Approved Commercial Flex Space. Easy Access to Routes 2, 32, 87, and I-395. Investment Development Opportunity with Adjacent Parcel Also Available.

Lot Size: 5.88 acres

Map of Lot 35 on 33 Murphy Road, Franklin, CT, 06254

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.