$4,500,000
6 & 20 Fargo Rd
Details
Property Type Land
Sub Type Commercial
Acreage 5.02 - 13.49
Zoning B-2 (General Business); C-G ZONE
Land
Marketing description
Strategic Hub Adjacent to the New Electric Boat "Center of Excellence"
Ride the Wave of the $25M Crystal Mall Acquisition 20 FARGO ROAD REAR LOT 13.79 ACERS NEW DEVELOPMENT STILL AVAILABLE ADDITIONAL PRICE
Position your business at the epicenter of the most significant economic development in Southeastern Connecticut. General Dynamics Electric Boat has officially purchased the entire Crystal Mall property, a massive investment just seconds down the street from these parcels.
As EB transitions the 500,000+ SF mall into a premier engineering and training "Center of Excellence," an estimated 4,000 to 5,000 employees will be reporting to this site daily.
Investment highlights
- Prime Infrastructure: Located literally off the I-395 exit with a dedicated traffic light.
- Massive Exposure: Exceptional visibility with a 25,000+ daily car traffic count directly on I-395.
- Two High-Value Parcels: * 6 Fargo Rd: 5.02 acres featuring a 45,000 SF building with a solid, long-term tenant (immediate cash flow) and 15,000–20,000 SF of potential availability.
- Flexible Zoning: Currently B-2 (General Business), with significant potential for an industrial zone change to accommodate manufacturing or high-tech defense warehousing.
- Strategic Location: Minutes from I-95 and less than 6 miles from the main EB Shipyard in Groton.
- Executive Summary: Represented by American Premier Commercial Real Estate, LLC, 6 Fargo Road represent a rare "buy-and-hold" or "develop-to-suit" opportunity. The market is shifting rapidly; as Electric Boat consolidates its administrative, engineering, and software functions at the mall, surrounding properties are being snatched up by the massive network of nearly 600 Connecticut-based suppliers. With the 45,000 SF building at 6 Fargo Road already anchored by a reliable tenant, this acquisition offers the perfect balance of immediate stability and explosive development upside. Whether you are looking to build a new corporate headquarters or provide essential warehouse space for the submarine industrial base, this is the premier address in Waterford.
- This creates an unprecedented demand for:
- Subcontractors & Suppliers: Direct proximity for logistics and support.
- Engineering & Tech Firms: Office and lab space within walking distance of EB’s new hub.
- Industrial/Commercial Service Providers: High-visibility space to serve the growing defense workforce.
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
