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    10 Russell Rd East Granby, CT 06026

    For Sale
    $1,486,000

    11.44-acre commercial land with FAA heliport and development potential.

    Lot size:
    11.44 Acres

    Property Features for 10 Russell Rd

    General Information

    Lot size
    11.44 Acres

    Source: Merrigan & Lefebvre Realty Agent Dan Merrigan

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

    Overview

    East Granby Heliport Land Parcel

    This 11.44-acre property, comprised of three parcels, features a private FAA heliport CT-50 and is located in the CPT Commerce Park Transition Zone. It offers approximately 900 feet of frontage on East and Russell Road. The property is surveyed, flagged, and shovel-ready, with full approval for a 40,000 square foot warehouse or trucking terminal. Permitted uses include medical facilities, research and development, laboratories, light manufacturing, warehouse and distribution centers, retail spaces, indoor storage, and indoor recreation. Special uses may include assisted living facilities, hotels, and multi-family residential buildings. The property includes a single-family house in move-in condition with an attached one-car garage, a full basement, a metal roof, and central air. Additionally, there is a 60x55 foot hangar building on site. The location offers close proximity to Bradley International Airport (BDL), Route 20, and Interstate 91, positioning it between Hartford and Springfield. It is also near the Amazon Distribution Center, Walgreens distribution center, and Bradley Tradeport. This location is suitable for various business ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    East Granby
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7105833
    Latitude
    41.9442559

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    FAQs

    What type of property is this?
    Commercial land - 11.44-acre commercial land with FAA heliport and development potential.
    Where is this commercial land located?
    The property is located at 10 Russell Rd East Granby, CT.
    What is the asking price?
    The asking price for this property is $1,486,000.
    What are key features of this property?
    This property features: - Private FAA Heliport (CT-50); - Full approval for a 40,000 sqft warehouse/trucking terminal; - 11.44 Acres in CPT Commerce Park Transition Zone with 900ft frontage
    (860) 614-1748
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    10 Russell Rd East Granby, CT 06026
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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
    10 Russell Rd East Granby, CT 06026
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