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60-70 Connecticut Ave
Norwich, CT 06360 Northeast New London/Norwich

$2,990,000 USD

Land For Sale  •  17.14 AC

Property Details

  • Property Type Land
  • Lot Size 17.14 AC
  • Zoning BP
19 Transit Score
22 Walk Score

Description

Overview:

Prime development opportunity on 17.16+ acres in Norwich Industrial Park, ideally suited for an AI data center, grow facility, or other large-scale power user. This site offers robust infrastructure, significant tax incentives, and a strategic location for high-demand industries.

Electricity & Power:

On-Site Power Generation: Permitted by right, ideal for fuel cells or solar installations (5+ MW capacity).
Utility Power: 25 MW available from Norwich Public Utilities (NPU) post-substation upgrade.
Additional power beyond 25 MW requires an ISO study.
Competitive NPU rate: less than $0.1519/kWh, lower than the lowest existing commercial rates.

Tax & Business Incentives:

Payment in Lieu of Taxes (PILOT): Available for discussion.
Electric Economic Development Rate Reduction:

Year 1: $0.027/kWh
Year 2: $0.018/kWh
Year 3: $0.009/kWh

Site & Infrastructure:

Land: 17.16+ acres in Norwich Business Park.
Build Potential: Up to 400,000 SF across two floors (200,000 SF footprint, 30+ ft per floor, 60+ ft total height).
Natural Gas: 600 PSI Algonquin gas line on-site.
Connectivity: 1+ TB dark fiber from Crown Castle, Lumen, and Lightpath.
Water: 12-inch waterline for cooling or on-site hydrogen generation.
Sewer: 8'' Municipal sewer available in the road.

For more information on site infrastructure refer to the A-2 survey in the attached brochure / images above.

Location:

1.5 hours from Boston, MA
2.5 hours from New York City, NY
50 minutes from Providence, RI
35 minutes from Hartford, CT

Highlights

Right to generate power on-site, 600 P.S.I. natural gas line
Can build up to 7 stories with a 200,000 SF footprint
Additional 25 MW available at less than $0.1512 /kWh from Norwich Public Utilities

Property Flyers

Ron Lyman 860-887-5000 Lyman Real Estate Brokerage & Development
Ron Lyman 860-887-5000 Lyman Real Estate Brokerage & Development