Hall Farm Development
For Sale
$4,000,000
436 & 444 Preston Avenue, Meriden, CT 06450
71+ acres of farmland primed for residential development.
Property Size3,238 SF
Lot Size71.11 Acres
Price / SF$1,235
Days on Market793
Property Features for 436 & 444 Preston Avenue
General Information
Standard status
Active
Size
3,238 SF
Lot size
71.11 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$37,489
Amenities
Cleared
Farm Land
Lightly Wooded
Rolling
Some Wetlands
Listing Agency:
William Pitt Sotheby's Int'l
(860) 435-2400
Listed By:
DAVE MALLISON · License #RES.0805634
Source:
Corcoran
Added: Jun 7, 2024
Changed: Aug 8
Last Checked: Jul 16 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
The Hall Farm, located on the east side of town, offers a development opportunity on over 71 acres of farmland. Zoned for suburban/residential use, the land is suitable for a neighborhood of single-family homes. As a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development, the property also presents the possibility of duplex units, subject to city approvals. The parcel includes a 3238 sq. ft. farmhouse with chestnut woodwork and structural members. The location provides proximity to major highways, shopping, hiking at Mt. Higby, and downtown Meriden and Middletown. Envisioned amenities include walking trails, community gardens, and recreational facilities. The property is suitable for residential living with outdoor amenities and could embrace the trend of "Agrihoods," where sustainable farming meets residential living.
Key Highlights
- 71+ acres of pristine farmland zoned for suburban/residential development.
- Designated as a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development.
- Ideal location with proximity to major highways, shopping, Mt. Higby hiking trails, and downtown Meriden/Middletown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 06450, CT
36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 71+ acres of farmland primed for residential development.
Where is this residential land & home lot located?
The property is located at 436 & 444 Preston Avenue Meriden, CT.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 71+ acres of pristine farmland zoned for suburban/residential development.; Designated as a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development.; Ideal location with proximity to major highways, shopping, Mt. Higby hiking trails, and downtown Meriden/Middletown.
