Sacred Heart University has bought Trumbull's Henderson Hardware land on Reservoir Avenue for $4.75 million, but no plans have been filed for the site yet.
A school spokesperson was not immediately available for comment. SHU has a campus at 7 Cambridge Drive in Trumbull.
Trumbull Economic & Community Development Director Ed Lavernoich said the land contains the former hardware store, which has since moved to Bridgeport. The parcel is across from Lindeman Drive.
"There's reason to believe they'll be building" on it, he said.
The land is located at 2300 Reservoir Ave. and was owned by Henry Stern Trust of 68 Seeley Road, according to Visionappraisal.com. The parcel was assessed for taxes at $2.2 million (70 percent of market value), and appraised at $3.2 million, the website showed.
More as the story develops.