Commercial Redevelopment
For Sale
Contact for pricing
Pending
774 Farmington Avenue, Farmington, CT 06032
Approximately 1.5-acre commercial redevelopment site offered for sale in the center of Farmington, with an adjacent larger opportunity.
Property SizeContact for details
Days on Market139
Property Features for 774 Farmington Avenue
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
CBRE - Stamford
Listed By:
Alexis Augsberger · License #CT RES.0784971
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 25 at 8:10PM
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 CBRE - Stamford
Investment Insights
Based on property information with market context.
Commercial land opportunity totaling approximately 1.5 acres, offered for sale as a redevelopment site in the center of Farmington, CT. The offering also contemplates a larger development opportunity in an adjacent approximately 3.18-acre site currently controlled by the Connecticut DOT.
CBRE/New England’s remarks indicate the adjacent site is planned to be purchased by the Town of Farmington in spring 2018 for a mixed-use development that may include retail, multi-family, office, and medical uses, delivered to a select developer. The stated concept is a walkable, pedestrian-friendly town center.
This package presents a redevelopment-focused land offering with linkage to a broader mixed-use planning effort through the adjacent DOT-controlled acreage.
CBRE/New England’s remarks indicate the adjacent site is planned to be purchased by the Town of Farmington in spring 2018 for a mixed-use development that may include retail, multi-family, office, and medical uses, delivered to a select developer. The stated concept is a walkable, pedestrian-friendly town center.
This package presents a redevelopment-focused land offering with linkage to a broader mixed-use planning effort through the adjacent DOT-controlled acreage.
Key Highlights
- Approximately 1.5‑acre commercial redevelopment site for sale in the center of Farmington, CT
- Adjacent approximately 3.18‑acre development opportunity currently controlled by the Connecticut DOT
- The 3.18‑acre DOT‑controlled site is planned to be bought by the Town of Farmington in spring 2018 for mixed‑use development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 06032, CT
19,060
Population
8,539
Households
2.2
Avg Household Size
45
Median Age
66%
College-Educated
96%
High-School Grad
23.1 sq mi
ZIP Area
825
Density / Sq Mi
$131,488
Median Household Income
$70,388
Median Earnings
$1,828
Median Rent
$419,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Approximately 1.5-acre commercial redevelopment site offered for sale in the center of Farmington, with an adjacent larger opportunity.
Where is this commercial land located?
The property is located at 774 Farmington Avenue Farmington, CT.
What are key features of this property?
This property features: Approximately 1.5‑acre commercial redevelopment site for sale in the center of Farmington, CT; Adjacent approximately 3.18‑acre development opportunity currently controlled by the Connecticut DOT; The 3.18‑acre DOT‑controlled site is planned to be bought by the Town of Farmington in spring 2018 for mixed‑use development
