Lots and Land For Sale · Residential Land
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Rare opportunity to acquire a potential residential development site located within a Qualified Opportunity Zone in Putnam. Previously approved subdivision plans in 2008 along with updated conceptual plans completed in 2022 provide valuable groundwork for future development. The property was designed for a proposed 12-unit subdivision with city water and sewer available, offering excellent future upside for builders, developers, and investors seeking long-term investment potential in northeastern Connecticut. Public utilities already available to the site provide a significant advantage while supporting continued housing demand in the area. Conveniently located near downtown Putnam, shopping, restaurants, schools, and I-395, the property combines location convenience with strong residential development potential. Opportunity Zone designation may provide potential tax advantages to qualified investors, including the potential for deferred and reduced capital gains taxes through qualified investment structures. Buyers to perform their own due diligence regarding approvals, permits, utility connections, development feasibility, and Opportunity Zone requirements.
Listed by Androula Kazantzis (860) 208-8331 with Kazantzis Real Estate, LLC (860) 774-2733
Estimate only. Contact a lender for accurate figures.
Androula Kazantzis · (860) 208-8331
Kazantzis Real Estate, LLC · (860) 774-2733
MLS# 24177764 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated May 29, 2026 5:22 PM UTC
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406 Sabin Street, Putnam CT, 06260
$150,000 • Active
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