One of the few remaining parcels in a fully developed industrial park just off Exit 71 and I-95. Established business park, minutes to downtown Niantic and Old Lyme town. Property does have municipal water connection and hydrant at the curb front.This is a building lot of record. Development is regulated but not prohibited. Recent A2 survey and watercourse survey. Attached documents have a rendering of a possible driveway, parking and parcel site. This is not recorded on land records but prepared by a surveyor. Recommend to confirm requirements for preferred footprint. Lot is being sold "as is." GREAT opportunity for someone that can work in the buildable area.
14 Colton Road, East Lyme, CT, 06333
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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