Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    29 Batterson Park Road Farmington, CT 06032

    View on Map
    Claim this Listing
    For Sale
    $1,000,000

    COMMERCIAL - Farmington, CT

    Property size:
    2,814 SF
    Lot size:
    2.50 Acres
    Price / SF:
    $355/SF
    Added:
    Jun 23, 2025
    Days on Market:
    307
    Last Refresh:
    Apr 25 at 2:06 am

    Property Features for 29 Batterson Park Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    R40
    Standard status
    Active
    Size
    2,814 SF
    Lot size
    2.50 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    9406

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1968

    We can help!

    Listing Contact
    Eric Amodio

    Listing agent Eric Amodio License #REB.0790550

    Listing office Amodio & Co. PO Box 852, Farmington, CT

    Listing date Jun 23, 2025

    MLS# 24106200

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farmington Commercial Land Opportunity

    This property features a 2,814 square foot residential ranch home situated on a 2.5-acre level lot. Zoned R-40 residential, it presents a prime opportunity for commercial use, as all adjacent properties have been converted to commercially zoned uses, including a hotel, medical facilities, offices, and retail spaces. The property is located in Farmington, Connecticut.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7970077
    Latitude
    41.7089518

    Nearby Similar for Sale

    • $625,000
      3,730 SF

      Three-Story Office Building For Sale

      3,730 SF office building on 0.95 acres available.
      28 Round Hill Road, Farmington, CT, 06032
      View Details
    • $1,000,000
      2,814 SF

      2.5 Acre Commercial Opportunity

      2.5 acre lot with 2,814 SF residential ranch.
      29 Batterson Park Road, Farmington, CT 06032
      View Details
    • $1,550,000
      10,546 SF

      Unionville Industrial Property For Sale

      Industrial property in Unionville with rental income potential.
      103 S Main St, Farmington, CT
      View Details
    • $7,453,333
      12,900 SF

      Retail Space For Sale

      12,900 SqFt retail space with 6.75% CAP rate.
      330 Main St, Farmington, CT 06032
      View Details
    • Contact for pricing

      Versatile Land in Farmington, CT

      52.30 acres of industrial land with development potential.
      8384 Hyde Rd, Farmington, CT
      View Details
    • $465,000

      Farmington Land with High Frontage

      Large 11.75-acre land parcel with significant road frontage.
      8128 Colt Highway, Farmington, CT 06032
      View Details
    • $465,000

      Farmington Land Tract For Sale

      Large 11.75-acre commercial land tract with frontage.
      8128 Colt Highway, Farmington, CT 06032
      View Details
    • $1,950,000

      Farmington Land with Valley Views

      Land with valley and river views, close to amenities.
      8919 Taine Mountain Road, Farmington, CT 06032
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.5 acre lot with potential for commercial development.
    Where is this commercial land located?
    The property is located at 29 Batterson Park Road Farmington, CT.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 2.5 acre level lot zoned R‑40 residential, presenting a prime opportunity for commercial use.; Located in an area where all adjacent properties have been rezoned for commercial uses (hotel, medical, office, retail).; Large 2,814 sf residential ranch home on the property.
    (860) 256-7986
    We can help!
    Listing Contact
    Eric Amodio
    Real Estate License ID: REB.0790550
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!