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    1989 Highland Ave Cheshire, CT 06410

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    For Sale
    Contact for pricing

    New development with retail, housing, office, and hotel opportunities.

    Lot size:
    1.30 Acres

    Property Features for 1989 Highland Ave

    General Information

    Lot size
    1.30 Acres

    Source: Charter Realty & Development - Westport Agent Dan Zelson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    107 Acres New Development Land

    This new development encompasses 107 acres and features two signalized entrances. The site offers retail pads and opportunities for adult housing, office space, and a hotel. The retail shopping center provides 136,000 square feet of space. The location provides convenient access to I-84 and I-691, situated directly off Exit 3 of I-691. Traffic counts indicate 49,499 vehicles per day on I-691 and 12,894 vehicles per day on Highland Avenue.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheshire
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8912528
    Latitude
    41.5595787

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    FAQs

    What type of property is this?
    Commercial land - New development with retail, housing, office, and hotel opportunities.
    Where is this commercial land located?
    The property is located at 1989 Highland Ave Cheshire, CT.
    What are key features of this property?
    This property features: - New development on 107 acres; - Retail shopping center of 136,000sf; - **Easy access** on / off of I-84 & I-691, with ideal location right off Exit 3 of I-691
    (203) 227-2922
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    1989 Highland Ave Cheshire, CT 06410
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    Cheshire, CT 06410
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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
    1989 Highland Ave Cheshire, CT 06410
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