Commercial Lot for sale zoned GFDD. (Gales Ferry Development District) This property is 5.18 acres, located on the corner of Kings Highway and Rte. 12 in Gales Ferry. Just north of the property are McDonald's, Ocean State Job Lot, Dollar General, Dunkin Donuts, various restaurants, Holmberg's Orchard, and a winery. This property is not far from the Mohegan Sun and Foxwoods casinos! Located just south of the property towards Groton (a.k.a. the submarine capital of the world) is where you will find the naval submarine base and submarine builder General Dynamics with plenty more restaurants, grocery stores, Kohl's, Walmart, car dealerships, schools, and beaches. A short distance further is the historic town of Mystic, which has the famous Mystic Seaport, Mystic Village, Mystic Aquarium, and plenty of upscale restaurants and tourist attractions. A short drive over the Gold Star bridge that takes you over the Thames River past the Coast Guard Academy, the new state-of-the-art heavy lift terminal, and the State Pier. This new site will be the hub to build the offshore wind farms, REVOLUTION WIND & SUNRISE WIND, in a joint venture by Orsted & Eversource. The impact of this project alone will significantly enhance the southeastern CT economy by adding over 400+ jobs! ** Traffic Count 13,600+
| Listing Id: | 24149783 |
|---|---|
| List Price: | $150,000 |
| Property Type: | Lot & Land |
| Property Sub Type: | Commercial Land |
| Status: | Active |
| Bank Owned Property: | No |
| Property Tax: | $2,328 |
| Acres: | 5.18 |
| Direct Waterfront Yn: | No |
| City: | Ledyard |
| County: | New London |
| Postal Code: | 06335 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $90,300 |
| Basement Description: | No |
| Comp Only Manual Yn: | No |
| Current Price: | $150,000.00 |
| Directions: | Corner of Kings Hwy & Rte 12, Gales Ferry, CT. |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Legal Description |
| Home Owner's Assocation: | No |
| Listing Contract Date: | 2026-01-18 |
| Location: | Rural |
| Lot Description: | Some Wetlands, Treed |
| Lot Improvements: | None |
| Lots Number Of: | 1 |
| Mil Rate Total: | $25.78 |
| Status: | Active |
| Nearby Amenities: | Shopping/Mall |
| Occupied By: | Vacant |
| Original List Price: | $195,000 |
| Parcel Number: | 1512959 |
| Possession Availability: | Immediate |
| Potential Short Sale: | No |
| Price: | $150,000 |
| Road Frontage Approximate: | 335 |
| Road Frontage Description: | State Road |
| Septic Approval Yn: | No |
| Septic Plan Available Yn: | No |
| Sewage System: | Septic Required |
| Sign Yn: | Yes |
| Special Association Assessment: | No |
| Subdividable Ynu: | Unknown |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric Available |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water In Street |
| Zoning: | GFDD |
Listing Courtesy of: Coldwell Banker Realty
Listing Agent: Jacqueline L Beckwith
(860) 235-2665
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET