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    4 Bank Ln Essex, CT 06426

    For Sale
    $725,000

    Residential Land - Essex, CT

    Lot size:
    0.29 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for 4 Bank Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    VR
    APN
    2381005
    Lot size
    0.29 Acres

    Building Details

    Architectural style
    Other

    William Pitt Sotheby's International Realty [email protected]

    Listing agent Susan Malan (860) 767-7488

    Listing date Oct 31, 2025

    MLS# 24135940 Listing URL

    Copyright © 2025 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

    Residential Land in Essex Village

    Located in Essex Village, 4 Bank Lane is one of four parcels creating an enclave in a prime, yet private, location. The 0.29-acre residential land offers the ability to build new. This special setting must be seen to fully understand the concept and possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.390414
    Latitude
    41.352371

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    FAQs

    What type of property is this?
    Land - Residential land in a prime, private Essex Village location.
    Where is this land located?
    The property is located at 4 Bank Ln Essex, CT.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Prime Essex Village location; - Ability to build new construction; - Private setting
    (860) 767-7488
    Request Owner's contact information
    4 Bank Ln Essex, CT 06426
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    Essex, CT 06426
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    Realmo Value Estimation

    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.

    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.

    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
    4 Bank Ln Essex, CT 06426
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