Henri Kessler, Eric Anton with The Anton Group & Matthew Peters of The Peters Team at Marcus & Millichap are pleased to present the exclusive listing located at 24 Watson Road, in Preston, Connecticut. The offering consists of 42.5 Acres of land that sits directly across from Foxwood Casino and Resort.
The annual taxes of($4,294) make this opportunity extremely favorable to be able to either land bank or hold, while pushing for approvals or variances.
Developers are projecting to build approximately 275 single family residences, each offering 1,000 square feet. This would not only service local communities, but also the 3,500 employees at Foxwood Casino & resort as well as the 15 Million visitors annually.
There's also the potential to work with the local municipality on achieving a variance, where they are know to be favorable towards new opportunities. Proof of a Hotel concept is located directly across the street.